Snark Health

A new way to pay for healthcare. Lowering costs for patients and payers.

Past 10 months:
Patients onboarded: 5000
Doctors onboarded: 305
Hospitals onboarded: 10
Community Health Workers: 55
Virtual Health communities: 2
Android App downloads and installs: 5000+

*Current payment models do not work for patients and doctors.
*Only 17% of Kenyans have some form of health insurance.
*Patients are going broke and dying prematurely in current system
Currently they are 3 ways to access healthcare:
(1.) Fee-for-Service
Patient expense:
High
Doctor income:
Decreasing
Utilization: High
Budget: Fixed
(2.) Capitated Payments
Patient expense:
High
Doctor income:
Decreasing
Utilization: Medium
Budget: Fixed
(3.) Bundled Payments
Patient expense:
High
Doctor income:
Decreasing
Utilization: Medium
Budget: Fixed

A platform that connects patients and doctors with a narrow network for diagnostics and treatments. We approach in 4 ways:
(1.) At-Risk contracting
*Sliding scale down to $0 to see a doctor.
*Snark Health or doctor goes at risk for consult fee and earns higher % of data monetization
(2.) Data monetization
*Patients and doctors earn money from de- identied population level data.
(3.) Health Savings Vehicle
*Hippocratic Coin®
*Limited supply coin
*Store of value for your health
*Convert to fiat for health care expenses
(4.) Liquidity Providers:
secured lending

Target customers: (1.) RETAIL CUSTOMERS: DOCTORS & PATIENTS
(2.) DATA CUSTOMERS: PHARMACEUTICAL, MEDICAL DEVICE, PAYERS, CONSUMER HEALTH, HEALTH SYSTEMS, CONSUMER GOODS
Revenue is generated in the following ways:
(1.). DOCTOR CONSULTATIONS:
*9% TRANSACTION FEE FOR CONSULT IN FEE-FOR-SERVICE MODEL
*NARROW NETWORK - REVENUE SHARE FOR DIAGNOSTICS AND THERAPEUTICS
(2.) DATA MONETIZATION
33% DATA REVENUE WHEN PATIENT IS PAYER
10% DATA REVENUE WHEN DOCTOR IS PAYER
90% DATA REVENUE WHEN SNARK IS PAYER
40% DATA REVENUE WHEN LP IS PAYER
(3.) HIPPOCRATIC COIN®

IBM Hyperprotect Accelerator
Berkeley Blockchain Accelerator
Get Funded Africa
FAST Accelerator(by Flapmax & Microsoft
Data Science Network(Data Science Nigeria)