Photo - My Helse Inc
50175

My Helse Inc

My Helse is an Integrated Health Platform

USA, Maryland
Market: Internet and IT
Stage of the project: Prototype or product is ready

Date of last change: 05.11.2020
Rating
equalizer from 2000
help
Calculated and estimated occupancy of the project (more about ratings)
My rating
1
2
3
4
5
6
7
8
9
10
Average rating:

Idea

My Helse is an Integrated Health Platform;
designed to transform health care by
empowering patients, providers and
administers with secure personal health
data at their fingertips.

Current Status

Product development completed at 90%
2 Contracts with potential annual revenue of $2 million ARR
10 Pilots for medium to small customers confirmed.

Market

Global with focus on US

Hospitals/Integrated Delivery Network's
American Indian / Alaskan Native Health Systems & Hospitals
Provider groups
Corporate wellness program

Problem or Opportunity

United States had worse outcomes and spent more on health
care. In 2018, the United States spent about $3.6 trillion on
healthcare, which averages to about $11,172 per person.

Disparate, non-standard, unstructured, highly
variable data (history, labs, Rx, sensors, mHealth,
IoT, Socioeconomic, geographic, genomic,
demographic, lifestyle behaviors)

In 2018, individuals age 65 and over
accounted for 16 percent of the U.S.
population.
Increase in US’s Geriatric
Population is expected to increase
total healthcare costs over time.

Solution (product or service)

The My Helse population health monitoring and management platform enables individuals, providers, payers, and employers to:

● Effortlessly monitor population health, including diabetes & pre-diabetes,
● Schedule and deliver care,
● Influence lifestyle choices and improve wellness,
● Reduce wait times, and
● Optimize utilization and reduce costs.

Competitors

Health Trackers
Population Health Management Platform
Tele health companies
Wellness apps

Advantages or differentiators

My Helse is the First; & currently Only, Population Health Management Platform that integrates

Diabetes Management
Predictive Analytics
Telehealth
Customized Lifestyle content
Population Risk Stratification
Health Wallet

For American Indian / Alaskan Native Health Systems & Hospitals/Integrated Delivery Network

Finance

Platform as a Service licensed as per member per month, with a price range of $1 to $25 per member per month based on a set of services.

Business model

My Helse business model is a Platform as a Service, which can be easily customized to different market segments;

Hospitals and Integrated Delivery Networks
Health systems
Provider groups
Corporate wellness programs
Public healthcare services
Independent health services
American Indian Health Systems

Money will be spent on

Payroll - 40%
Marketing/Sales - 40%
Platform enhancement - 10%
Misc - 10%

Offer for investor

My Helse Is Looking To Raise $1M for its Series 1 SAFE round.

Team or Management

Risks

Availability of funds to meet exponential growth potential
Potential copycats
Dependence on cloud services pricing for end user pricing models

Incubation/Acceleration programs accomplishment

NA

Won the competition and other awards

Selected for Maryland Industrial Parks Program part of University of Maryland for research and program support.

Currently in the semi finals of National Institute of Health Children's Health Challenge.

Invention/Patent

Risk stratification algorithm for individual health risks

Photos

Photo 1 - My Helse is an Integrated Health Platform
5,00
1
2
3
4
5
1 voice
Sign in/Sign up
arrow_back
EN
more_horiz
close
visibility34
star0
Add to favorites
Delete from favorites
share
close
thumb_up1
Like
Unlike
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