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RemoteFlightDoctor Routine Medical Care, Anytime, Anywhere

RemoteFlightDoctor Routine Medical Care, Anytime, Anywhere. Anna Maria McGowan Evan Torkos Joe Yancey. Outline. Our Vision & Our Market Description of our Product System Description of Our Business Model Concluding Summary. Motivation for Our Product System.

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RemoteFlightDoctor Routine Medical Care, Anytime, Anywhere

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  1. RemoteFlightDoctorRoutine Medical Care, Anytime, Anywhere

    Anna Maria McGowan Evan Torkos Joe Yancey
  2. Outline Our Vision & Our Market Description of our Product System Description of Our Business Model Concluding Summary
  3. Motivation for Our Product System Our Vision: Routine routine access to preventative medical care for everyone Help the most isolated people in developing regions Avoid millions preventable deaths Save billions of dollars in reactionary medical costs around the world Focus on a locally sustainable product
  4. Our Market Size: 2.3 Billion . .

  5. Our Product System

  6. Our Product System Modify system components to provide the most effective product for different countries Train and prepare pilots, mechanics and community leaders to make the system sustainable
  7. Equipping and Customizing Our Trikes for Remote Medical Service Our Design Changes Chassis: Wing: Engine: Shocks: Tire: Storage:
  8. Engineering Analysis Breguet range equation with flat plate and lumped mass Used to determine wings and engine Reduction in thrust due to refrigeration Increase in drag due to added storage Range Loss from initial trike design: 14% . .
  9. Medical Storage on the Trike Vaccines Blood for Transfusions
  10. Survey Analysis Survey used to determine storage needs Consider: Volume Weight Refrigeration Time Surveyed medical professionals and business personnel with experience in developing world Most important attribute: refrigeration time
  11. Medical Storage on the Trike Volume: 3 cubic feet (90,000 cm3) Refrigeration: 3hours Payload: 60 kg
  12. Medical Storage (Ergonomic Aspects) Trike storage compartment is removable Carry on head or back Pad included for comfort

  13. Our Business Model

  14. Key Groups Funders Aide Agencies: Provide some capital Customer National Governments in Developing Countries Manufacturer Us! We manufacture the trike and design the system User Bush Pilot: Medical Workers Beneficiary Remote Villages: User & Final recipient
  15. Our Business Model Save Lives (Maximize Healthcare Savings) And Make Money (Only sell what’s best for the customer) Social Entrepreneurship
  16. Part one: Save Lives(Maximize Healthcare Savings) Step One: Customizable solution to maximize social benefit: Engineering and micro-economic iteration: Linear Regression: Relationship between price range and quantity with larger bounds Effects of storage and refrigeration on product utilization Use solver to maximize social benefit Competitive Pricing: Match currentTrikemanufacturers
  17. Demand Model Related price, range and quantity using linear regression Price = f(Range, Quantity) Price = 26,000 – 43.3Q + 2.97R
  18. Derive Healthcare Savings Equation Equation components Government statistics Demand model Diminishing returns
  19. Optimize Social Benefit Equation Optimal number of trikes: 77 Trikes Required range: 57 km Price per trike: 22,800 USD Health care savings: 177 M USD Price of 77 trikes: 1.8 M USD
  20. Expansion into the rest of Africa Assume rural population/trike ratio is constant Uganda People/Trike = 350,000 people/trike 620 Million in Rural Africa 1,800 trikes would cover all of Africa In actual production, each country would receive a customized trike system
  21. Part two: Make Money Make a Profit by selling a system which maximizes social benefit This reduces profits in the short term, but will open new markets How do we do this?: Manufacture the trike in-house Simple manufacturing (except for the wings) Large market potential No competitors High need
  22. Business Plan revenue and costs Startup costs include: 200,000 USD loan for manufacturing equipment Two months employee training 15% market penetration rate Yearly costs for 180 trikes/annum
  23. Business Plan Assumptions: 6 % APR 5 % discount on raw materials after 100 sales/year 10% tax rate legal fees not currently included Company will begin to make profits between year 4 and 5, and have positive NPV after year 8

  24. Concluding Summary

  25. RemoteFlightDoctor Vision Customize flying trikes to enable routine delivery of medical resources Any time Any where Enable every person on the planet to have access to cost-effective preventative health care Save lives Save money Locally sustainable solution Open the door to other beneficial opportunities for developing countries
  26. Other Potential Benefits of the RemoteFlightDoctor System Trade: move goods around previously impassible area Education: move teachers and educational goods to places in need Empowerment: your country has the ability to do what you never thought was possible Disaster relief: can fly above regional flooding and other disturbances
  27. Summary of Business Plan Numbers for Ugandan Customers Maximum social benefit for Uganda 77 trikes $22,800 each Range = 57 Km Payload = 60 Kg Storage/ Refrigeration = .1 m3 and 3 hrs Effective cost savings to Uganda: 177 million USD Number of people reached: 26.9 million people Break Even after 8 years Profits over a half million dollars after 11 years You have a chance to help improve millions of lives and make money doing it.
  28. Questions?
  29. Yearly checkbook
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