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MyPurpleFolder-"The PatientCare 'easy' Button"

THE Universal Digital Health Master-Key

USA, Texas
Market: Medicine, Another, Mobile applications
Stage of the project: Prototype or product is ready

Date of last change: 23.06.2020
Min investment
$  50.000
Show contacts
Total required
$ 210.000
Rating
equalizer из 1000
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Idea

MyPurpleFolder creates a universal digital healthcare "master key" that unlocks all patient portals by seamlessly integrating with all Electronic Medical Record Systems (EMRs), giving providers improved continuity of care, better outcomes and increased enterprise savings… AND WE DO THIS ALL WITHOUT HAVING TO STORE THE INFORMATION!

MyPurpleFolder is on a mission to make it EASY for patients and their caregivers to navigate their own healthcare.

Current Status

MyPurpleFolder Milestones Traction Timeline:
https://bit.ly/2VYoiyD

Endorsed by National Institutes of Health + National Cancer Institute.
In Abstract: The findings regarding the efficacy of MyPurpleFolder within a population are based upon a sample of the US oncology patient population

Kelli Thomas-Drake/MyPurpleFolder SparkAmplify Link:
https://brand.sparkamplify.com/mypurplefolder

Kelli Thomas-Drake/MyPurpleFolder LinkTree:

https://linktr.ee/kthomasdrake

Market

MyPurpleFolder Business Model:
http://bit.ly/394Enal

MyPurpleFolder Market Opportunity:
http://bit.ly/2NIAlJG

Problem or Opportunity

Currently, any patient with a chronic illness has many providers, plus multiple patient portals and EMRs that don't communicate. This non collaborative, siloed approach to healthcare causes headaches for the physicians and their staff regarding a lack of efficiency which results in wasted time, money, and lower outcomes overall. Patients end up being unnecessarily confused about how to properly engage with their illness, thus resulting in inadvertent non-compliance regarding following a prescribed treatment plan.

The Problem:
https://bit.ly/3fgInIc

Solution (product or service)

MyPurpleFolder creates a universal digital healthcare "master key" that unlocks all patient portals by seamlessly integrating with all Electronic Medical Record Systems (EMRs), giving providers improved continuity of care, better outcomes and increased enterprise savings… AND WE DO THIS ALL WITHOUT HAVING TO STORE THE INFORMATION!

Extended Company Overview:
MyPurpleFolder is a healthcare mobile app that creates a digital healthcare “master key” that seamlessly integrates with all EMRs ...AND by using AI (& some additional tech), translates difficult to comprehend medical chart information into visible, clickable, and simplified pieces that are much easier to digest... and we do this all without having to store the information.
While MyPurpleFolder provides a centralized view of all the disparate patient portals where a person has profiles among their care providers, it also seamlessly coordinates the following core patient elements as it provides a COMPLETE SUITE:
• Visual, interactive and educational depiction of medical chart
• personal health information including but not limited to diagnoses, lab results, imaging, etc.
• complete prescription log
(educational as well as
transactional)
• healthcare transportation
• healthcare legal docs
ie Universal HIPAA Agreement
advanced directives
medical power of attorney
• health insurance information

Competitors

Market Validators aka “Competitors”:
• MyChart (Epic) & MyCarePlus (Mckesson) each respectively represents ONE (separate and distinct) EMR System that does not collaborate with other EMRs
• AthenaHealth & FollowMyHealth (AllScripts) are each respectively Clinician Facing/Workflow Platforms — Representing ONE (separate and distinct) EMR System that does not collaborate with other EMRs.
• PicnicHealth - Outdated/ Expensive/ ONLY aggregates information in list view pdf format. DOES NOT simplify the information by translating the difficult to digest medical information into an EASY to digest visual/clickable representations.

Advantages or differentiators

MyPurpleFolder, on the other hand, is patient/family provider facing and delivers a seamless, centralized view of a ALL EMRs that a patient is associated with while simplifying the information for ease of comprehension… along with many additional core patient benefits.

MyPurpleFolder is a healthcare mobile app that creates a digital healthcare “master key” that seamlessly integrates with all EMRs ...AND by using AI (& some additional tech), translates difficult to comprehend medical chart information into visible, clickable, and simplified pieces that are much easier to digest... and we do this all without having to store the information.
While MyPurpleFolder provides a centralized view of all the disparate patient portals where a person has profiles among their care providers, it also seamlessly coordinates the following core patient elements as it provides a COMPLETE SUITE:

•personal health information including but not limited to diagnoses, lab results, imaging, etc.
•complete prescription log
(educational as well as
transactional)
•healthcare transportation
•healthcare legal docs
ie advanced directives
medical power of attorney
•health insurance information

Finance

MyPurpleFolder Business Model:
http://bit.ly/394Enal

Business model

MyPurpleFolder Business Model:
http://bit.ly/394Enal

The NIH Market Research Report:
In Abstract: The findings regarding the efficacy of MyPurpleFolder within a population are based upon a sample of the US oncology patient population:
http://bit.ly/2Nf2szm

Money will be spent on

Use of Funds:
Product Development
Release iOS, Android apps
Develop/Integrate EMR APIs

Staff
Software Team
Implementation Team
Customer Support Team

Sales/Marketing

Operations

Health & Wellness

Offer for investor

Term sheet: SAFE Agreement
Our Ask: $3.5mm at 50% discount
*Make an offer that we may discuss/ negotiate mutually beneficial terms. Thanks!

Team or Management

Risks

Challenges:
• Adequate funding
• Enterprise Adoption
• Public/ Private Partnerships
• Strategic Partners
• Corporate Partnerships
• Targeted Marketing
• Sponsors

Incubation/Acceleration programs accomplishment

Startup Health (MyPurpleFolder: Portfolio Company)
National Institutes of Health + National Cancer Institute
Y Combinator Startup School
Women's Startup Lab - Silicon Valley
Black Girl Ventures
Hello Alice/ Circular Summit
Google For Startups

Won the competition and other awards

National Institues of Health + National Cancer Institute ENDORSEMENT
Startup Health (MyPurpleFolder: Portfolio Company)
Black Girl Ventures Pitch Competition - Washington DC - Award
InnovateHER Pitch Competition - (SBA) Small Business Administration - Award
Y Combinator Startup School Pitch on Stage Live - Award
Women's Startup Lab - WiSE24 Pitch (+) - Award
Circular Summit/ Hello Alice - Technology Award

Invention/Patent

Patent Pending

Photos

Photo 1 - THE Universal Digital Health Master-Key
Photo 2 - THE Universal Digital Health Master-Key
Photo 3 - THE Universal Digital Health Master-Key
Photo 4 - THE Universal Digital Health Master-Key

Product Video

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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video