Pharmd Live

Pharmd Live

We provide Medicare Seniors 24/7 pharmacist access for medication management

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Min Investment
$1
Location
Washington, DC
Offering Date
August 14, 2020
Expected Close Date
December 03, 2020
Target Raise
$250.00K-$1.07M

Company Description

We partner with physicians, hospitals and health insurance companies to connect high-risk patients with our pharmacists via secure telehealth technology in between their doctor visits to provide Chronic Care Management (CCM).

CCM helps prevent dangerous medication-related problems, lower costs and improve the overall life of the patient. Patients and physicians have 24/7 access to our pharmacists for medication related consults via our proprietary telehealth platform.The current market is drastically underserved. Last year only 1.5% of the $40B in Medicare funds designated to pay for this service were utilized.

With our scalable service we believe we can reach over 600,000 patients by our 5th year and generate a potential of $450 million in revenue (this cannot be guaranteed).

With this model, we hope to be an attractive acquisition target by a major US healthcare company or private equity firm, yielding significant return on investment.Given the Company’s limited operating history, the Company cannot reliably estimate how much revenue it will receive in the future, if any.

Perks

Invest $1,000+ for Two (2) 20 minute Comprehensive Medication Review sessions with a Pharmacist.
$3,000+ Two (2) 20 minute Comprehensive Medication Review sessions with a Pharmacist. Plus one (1) Chronic Care Management consultation.
$5,000+ Two (2) 20 minute Comprehensive Medication Review sessions with a Pharmacist. Plus one (1) Chronic Care Management consultation. Plus one additional Chronic Care Management consultation.
$10,000+ Two (2) 20 minute Comprehensive Medication Review sessions with a Pharmacist. Plus one (1) Chronic Care Management consultation. Plus one additional Chronic Care Management consultation. Plus 1 free Blood Pressure device.
$20,000+ Two (2) 20 minute Comprehensive Medication Review sessions with a Pharmacist. Plus one (1) Chronic Care Management consultation. Plus one additional Chronic Care Management consultation. Plus 1 free Blood Pressure device. Plus 1 4G Glucometer and 2 months remote physiological monitoring.
Invest $1,000+ for Two (2) 20 minute Comprehensive Medication Review sessions with a Pharmacist.
$3,000+ Two (2) 20 minute Comprehensive Medication Review sessions with a Pharmacist. Plus one (1) Chronic Care Management consultation.
$5,000+ Two (2) 20 minute Comprehensive Medication Review sessions with a Pharmacist. Plus one (1) Chronic Care Management consultation. Plus one additional Chronic Care Management consultation.
$10,000+ Two (2) 20 minute Comprehensive Medication Review sessions with a Pharmacist. Plus one (1) Chronic Care Management consultation. Plus one additional Chronic Care Management consultation. Plus 1 free Blood Pressure device.
$20,000+ Two (2) 20 minute Comprehensive Medication Review sessions with a Pharmacist. Plus one (1) Chronic Care Management consultation. Plus one additional Chronic Care Management consultation. Plus 1 free Blood Pressure device. Plus 1 4G Glucometer and 2 months remote physiological monitoring.

Key Deal Facts

Telehealth service focused on medication risk and disease management of the chronically ill patient.
Ready to market solution with high growth and potential.
$40B in Medicare funding approved to pay for this service - of which only 1.5% was accessed in 2019.
The COVID-19 pandemic has proven Telehealth solutions to be the future of healthcare delivery.
Patent-pending technology platform for predictive medication side-effect profiling.
Our CCM service provides physicians with revenue opportunities and increased CMS incentive payouts .
Strong, entrepreneurial leadership team with more than 200 years combined of healthcare experience.
We partner with medical practices to provide turnkey telehealth service to patients.

Use of Proceeds

If $250,000 is raised

  • 10% towards marketing
  • 82.5% towards hiring staff to support new clients
  • 7.5% towards Wefunder fees.

If $1,070,000 is raised

  • 10% towards marketing
  • 82.5% towards hiring staff to support new clients and convert unpaid staff to paid staff
  • 7.5% towards Wefunder fees.

Management Team / Advisory Board Bios

Cynthia Chioma NWAUBANI - Chief Executive Officer
Board-Certified Geriatric Pharmacist. Strategic and analytical thinker, strong aptitude for problem-solving. Expert in medication management and chronic care solutions for multiple practices. Expert in value-based population health management

William D Townsend - Chief Financial Officer
William D. “Skip” Townsend is a seasoned executive with proven success leading organizations in the achievement of revenue, profit, and business growth objectives within start-ups, turnarounds and high-growth environments.

Trang Flores - Interim COO and CTO
Grew multiple startups nationally and successful exits with four joint venture health system partnerships with Ascension Health, Tenet Healthcare, Vanguard Health Systems, and SCL Health. Epic Certified . Nominated for Becker’s CIO of the Year.
Amount Raised : $0
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