eClinicalWorks Welcome to
worlds within the world
eClinicalWorks By the end of this presentation, we shall know • History of eCW • Our Vision, Mission and Focus • Positioning in the Market and Awards
eClinicalWorks
People and Teamwork
Ever Evolving Technology
Research & Development
Connecting and working hands in hands People, in terms of efficiency, skill Evolution of new concepts is what Research is the root which Evolution radiating from the origin and ethics is the strength of ECW. makes ECW different. And such branches out in various forms They connect and work together to evolutionary concepts are the of knowledge used for outward bring out more efficient and strength that will always keep the growth. And Hence ECW Branching out meeting the will world productive work. organization at a lead lead to form worlds within the Right people are the root strength of world to reach out to all. the organization
eClinicalWorks
worlds within the world
The logo we have designed has to some extent used this Fractal geometry of Nature. They are geometric blooming flowers which when magnified are the dna of the original. Infinite. May it be people, process or service that eCW brings out; though they are uniquely individual, they will still possess in their concept the roots of the eCW world.
eClinicalWorks Who is eClinicalWorks?
eClinicalWorks
eClinicalWorks is a private medical software company. It was founded in 1999 and is an established leader in the ambulatory Electronic Medical Records (EMR) and Practice Management (PM) industry.
eClinicalWorks Where are We Located?
eClinicalWorks E C w
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eClinicalWorks Whom do we cater?
eClinicalWorks An electronic medical record (EMR) is a term used to describe computer-based patient medical records. An EMR facilitates: • Easy look up of patient data by clinical staff at any given location. • Accurate and complete claims processing by insurance companies. • Building automated checks for drug and allergy interactions, clinical notes • Prescriptions, scheduling* sending and viewing labs.
eClinicalWorks eClincialWorks Value Proposition Improve Improve Team Team Productivity Productivity
Front Office Mid-Office Back Office
Improved Patient Flow and Reduced Errors
Reduce Errors
Maximize Revenue
Improve the quality of care, cut costs, increase efficiency
V A L U E
eClinicalWorks Beyond the physicians office, we reach to a wide network and extended value chain with integration to laboratories, pharmacies, insurances, and other clinics developing electronic communities.
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Inception of eCW.
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eClinicalWorks Founders
Girish Kumar Navani President
Mahesh Kumar Navani Chief Financial officer
Dr. Raj Dharampuriya Chief Medical officer
eClinicalWorks Girish Kumar Navani, President
Girish Kumar Navani oversees the strategic direction of the company and leads efforts to grow and expand all aspects of the business. He leads all external and internal communications activities, including media and government relations. Navani actively manages the sales organization for eClinicalWorks. Prior to founding eClinicalWorks, Navani led successful IT and business initiatives at Fidelity Investments and Teradyne. He holds a Masters of Science from Boston University.
eClinicalWorks Mahesh Kumar Navani, Chief financial officer
Is responsible for the firm’s operational and financial activities. Controls, national operations and infrastructure services and human resources. Manages and leads the company’s customer care department and designed one of the most modern triage support structures in existence. Previously, Navani served as assistant vice president of Analytical Systems for Jennison Associates, where he managed functions for the company’s interest rate modeling, bond trading system, portfolio management system and portfolio compliance system and risk analysis. He holds a Masters of Science in finance from Boston College, a Masters of Science in manufacturing from Boston University and a Masters of Science in IIT from Mumbai, India.
eClinicalWorks Dr. Raj Dharampuriya Chief medical officer
Dr. Raj Dharampuriya manages and oversees the company’s computer operations, customer support and training and consulting services. He leads efforts to provide customers worldwide with outstanding technical infrastructure and support services. Dharampuriya began his career practicing primary care medicine at UMASS Medical Center. Dharampuriya holds an MBBS and an M.D., in OB/GYN, from BJ Medical College, India and completed his residency at UMASS Medical Center.
eClinicalWorks Vision
&
The Mission
eClinicalWorks Our Vision. Our vision is to run eclinicalworks as an independent, profitable, successful and private organization for years to come.
eClinicalWorks Our Mission. To work 24/7 for our customers and clients. We understand the need to provide live customer support after hours. This means convenient access to customer support personal by phone and web whenever you need it.
eClinicalWorks Our Focus.
eClinicalWorks eClinicalWorks focuses on providing a comprehensive solution to streamline clinical and financial processes of a connected office which is driven by
• customer satisfaction, • market requirements and • industry movements.
eClinicalWorks Corporate Introduction.
eClinicalWorks • Market Size
– $5 billon by 2015 – 60,000 physicians in USA growing @30% – Technology penetration 20%
• Private and Independent: – Our corporate structure allows eClinicalWorks to operate efficiently and freely with no external interference from investors or public stockholders. – Strong corporate ethics – 100% growth y-t-y with strong recurring cash flow.
• Revenues:
– FY2006: 40 million, profits of 12.0 million – Booked Recurring Revenue $18/million per year
•
Profitable: – Net profit margins higher than most publicly traded ambulatory clinical software companies – eClinicalWorks continues to build on a solid and clean balance sheet, with no debt and no external investors.
• Sustained Growth: – We continue to increase our recurring revenues; Our recurring revenue from existing customers now covers 75% (one of the highest in the industry) of our expenses in any quarter.
eClinicalWorks
Highlights of Customer Traction
eClinicalWorks • Recent Mid –Size Customers – 28 Provider Texas ENT – 26 Provider Rockford Orthopedics – 24 Provider California Family Practice – 22 Provider Primary Caring New Jersey
• Recent Large –Size Customers – 200 Provider Multi-Specialty GHS Ambulatory System – 70 Provider Coastal Medical, Primary Care – 71 Provider Saltzer, Multi-Specialty Idaho – 70 Provider Urban Health, New York
eClinicalWorks • Small Physician Groups – 80+ groups per month – 1900 groups over all 50 states
• Community EMR projects – MAeHC, MA 600 providers – EHRRI, RI 1,300 providers – Summa Health, Ohio 400 providers – St Lukes Hospital, Idaho 200 providers
eClinicalWorks Large Deployments EHRRI – 1300 physicians over 3 years – 5 Hospitals, interface with Cerner, Siemens – Joint Team with EHRRI – eCW providers Training and Project Management and interface development – EHRRI providers local IT support
eClinicalWorks Highlights of Large Deployments MAeHC – 600 providers, 170 sites over 12 months – 3 Hospitals, Meditech Interface – eCW providers Training and Project Management and Interface Development – Concordant providers local IT support
eClinicalWorks Highlights of Large Deployments GHS, South Carolina – 200 providers deployed in 8 months – eCW providers Training and Project Management and Interface Development – IDX Hospital SUMA Health, Ohio – 400 providers, over 12 months – eCW providers Training and Project Management and Interface Development
eClinicalWorks Highlights of Large Deployments Small Practices – 80 sites per month – 5 days to deploy in [1-5] provider groups – eCW providers Training and Project Management and Interface Development
eClinicalWorks What Makes Us DIFFERENT!!!
eClinicalWorks • We support OUR own business. • Independent from Wall Street or any other external investors. • We do not believe in the hierarchy system, but our employees create designations for themselves. • Our interactions are business to business.
eClinicalWorks Financials
eClinicalWorks $$$
$$$$till Growing.
implementation, training, supporting and nurturing long-term relationships with every customer.
Revenues for FY 2006 were approximately $40 million and we project FY 2007 revenues to exceed $60 million.
eClinicalWorks Our financial strength gives us tremendous flexibility over debt-ridden private companies and Wall Street-driven public companies. This flexibility allows us to focus on implementation, training, supporting and nurturing long-term relationships with every customer.
eClinicalWorks AWARDS
eClinicalWorks Corporate Introduction
• Award Highlights: CY2007 – Best in KLAS CY2006 – TEPR #1 Rated EMR for Medium and Large Clients – #1 Rated EMR Pediatrics, AAP CY2005 – TEPR 2005 #1 Rated EMR – KLAS, 2005 Best In KLAS [1-5 Ambulatory, EMR 2004] CY2004 – KLAS, 2004 Best In KLAS [1-5 Ambulatory, EMR 2004] – 2004 Frost and Sullivan Best Bang for the Buck Award – Rated #1 Medical Records Document Management by TEPR-2004 – Top-rated Practice Management by TEPR-2004 CY2003 – Rated #1 EMR by TEPR-2003