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PEGASI

Smart Management of Healthcare Information

Chile
Market: Internet and IT, Medicine
Stage of the project: Operating business

Date of last change: 31.03.2021
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Idea

PEGASI makes Healthcare information accesible, clear and secure for the developing world by structuring and processing everyday clinical data, and aggregates non-sensitive Big Data into Healthcare Business Intelligence (BI) to locate endemic and epidemic diseases in real-time.

Current Status

Revenue: USD $ 132,355 / Investment: USD $ 387,000. We have 256 physicians and 117,602 patients using our platform presently, over 5 different countries: Dominican Republic, Venezuela, Peru, Chile, Colombia & Ecuador. Of those, 152 physicians operate in consultation offices and 104 are using our centralized EHR in clinics or hospitals from Dominican Republic, Peru and Chile. We've also used our platform to track COVID-19 cases on intensive care settings in Chile, and to record genomic testing results for breast & lung cancer in Peru, through an alliance with Roche Laboratories and 3 public institutions in the country.

Market

We segment the Latin American market into 4 large categories:
- Small private health organizations (1 to 30 physicians): 218,000 customers, USD $ 143 MM / yr;
- Large private health organizations (+30 physicians / OR administration): 6,000 customers, USD $ 144 MM / yr;
- Public Health - National systems: USD $ 1.8 Bn / 5 yr;
- Post-sales and Healthcare Busines Intelligence (BI): USD $ 7.4 Bn / yr;

Problem or Opportunity

In regions such as Latin America, over 70% of clinical information remains unstructured and adverse events affect 1 in every 10 hospitalized patients, due to unclear, inaccessible or insecure information. On average, patients suffering
adverse events spend extra 16 days hospitalized, and in 3 out of 100 cases, the patient dies. This situation also increases paperwork, duplicates testing and generates patient privacy breaches.

Solution (product or service)

We created a 4-step method to structure, process, aggregate and analyze medical information, effectively becoming pioneers in the Smart management of regional Healthcare information. The first two steps we handle through PEGASI MED, a Healthcare Information System that's low cost, available online and offline through B-SYNC, offers an integrated teleconsultation & telehealth suite, and is accessible on any Smart device. Information entered in PEGASI MED is anonymized and transferred as aggregated information into our datalake application, PEGASI BI. There, it is analyzed as Big Data to provide insights into the clinical center's performance, and the status of regional Healthcare advancement.

Competitors

Products like Fenix, ehCOS, Orpheus, MedicosPro and Nimbo.x are trying to solve the same issue we're tackling in Latin America, but with a limited scope. They cover one clinic, at most a city, with private sector solutions. They also use general medical charts, ignoring each specialty has its own protocols. In contrast, we've developed an EHR/ERP platform with 30+ medical specialty records that works online yet doesn't require an active Internet connection. We also are the first low cost, HIPAA/HITECH compliant Latin American EHR platform with telemedicine tools that insures
interoperability through the complete implementation of HL7 FHIR REST resources.

Business model

Our licensing model is SaaS (Software as a Service), aimed at B2B / B2G markets. The SaaS model consists on a monthly, semester or annual payment made by the holder of the license, for its continuity and automatic update. On the BI side, we charge per report or project generated, depending on the need required by the institutional customer. We also operate via Pharma and Insurance companies,

Team or Management

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