1 / 29

“Putting the fun in Physical Therapy”

“Putting the fun in Physical Therapy” . Brad Gilbertson Jessica Iverson Holly Kunz Rebecca Vredenbergh. Executive Summary. Executive Summary . 5 year marketing plan Current therapy measures are location based Unable to reach rural or remote patients

eudora
Download Presentation

“Putting the fun in Physical Therapy”

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. “Putting the fun in Physical Therapy” Brad GilbertsonJessica IversonHolly KunzRebecca Vredenbergh

  2. Executive Summary

  3. Executive Summary • 5 year marketing plan • Current therapy measures are location based • Unable to reach rural or remote patients • Patients reluctant to attend therapy at clinic location • Mii-Hab’s service allows practices monitor rehab progress of several patients simultaneously • Extend current management services in other areas such as; • Cerebral palsy, multiple sclerosis, muscular dystrophy • Increase service coverage nationally

  4. Company Description

  5. Mii-Hab, Inc. • ”putting fun into physical therapy” • Tracks the patients progress in their home • Individual physical therapy programs • Wii connects to Mii-Hab servers • Fully compliant with all privacy and HIPPA requirements • Available to patients with or without internet connections • “Virtual” therapist offered to those with internet • USB flash drive available to those without internet

  6. Mission & Goals

  7. Mission • Leading provider of remotely-monitored physical therapy management services • Allowing personalized rehabilitation regimens in the privacy of a patients home • Provide cutting edge rehabilitation management services

  8. Financial Goals • Obtain financing to expand service capabilities, increase market penetration • Increase revenues by at least 50 percent each year • Donate at least 5% of profits per year to community health organizations

  9. Non-Financial Goals • Expanding along the Atlantic coast, Texas, and California, and eventually nationwide • Maintain successful Internet site. • Maintain strong personal relationships with healthcare providers • Expand into international healthcare markets • Develop own rehabilitation game programs

  10. Year 1

  11. Year 2

  12. Year 3

  13. Year 4

  14. Year 5

  15. Core Competencies

  16. 4 Core Competencies • 1. Offer a high-quality branded rehabilitation-management service whose image is recognizable among therapists and physicians • 3. Provide rehabilitation services to patients who might otherwise not have participated in therapy • 2. Create a sense of enjoyment, and fun among patients who take part in Mii-Hab assisted therapy • 4. Develop a positive reputation among physical therapists and healthcare providers while allowing them to more effectively oversee the progress of their patient's rehabilitation

  17. Situational Analysis

  18. Strengths Weaknesses • Mii-Hab understands the market • Mii-Hab has conducted early field testing with WakeMed Hospital • Mii-Hab has little overhead • Discounts offered for in-home therapy compared to traditional therapy • Cash & Carry customers • A limited number of consumers around the country are aware of the Mii-Hab service • The firm has limited cash flow • Mii-Hab currently relies on a single gaming platform (Nintendo Wii) • Currently insurance companies will not cover the Wii as a medical device

  19. Opportunities Threats • Mii-Hab subscribers are likely to enroll in new therapy services • Voids in the market can be fulfilled by Mii-Hab's services • Mii-Hab has a chance to expand across the US into new markets • Other types of therapy may be conducive to Mii-Hab services • International healthcare markets (no legislative restrictions) • Other firms may attempt to copy the Mii-Hab service • Competition is within traditional physical therapy offices • Mii-Hab is a new approach to physical therapy • Current state of Medicare / Medicaid legislation

  20. Competitors

  21. Competition Traditional Physical Therapy Mii-Hab • In-clinic rehabilitation services • Scheduled appointment/office visit • Customized patient monitoring • Therapists able to monitor more patients • Convenience • Enjoyable • In-home rehabilitation

  22. Target Market

  23. Target Market • Hospitals, Doctors, Physical Therapists • Highly educated and successful doctors and therapists who work in prestigious hospitals • Increasing customer base & total revenue yearly

  24. Marketing Mix

  25. Marketing Mix • Service • Unique physical therapy managing system • Two way monitoring system • Distribution • Public seminars, Web site • Advertising and Promotion • Internet, direct mailings, conventions and personal meetings • Pricing • Sliding scale

  26. Pricing Continued • Pricing • Sliding scale • Mii-Hab’s prices are available on a sliding scale • 0-49 patients = $25 per patient • 50-99 patients = $20 per patient • Over 100 patients = $15 per patient

  27. Mii-Hab for Nintendo Wii Used in conjunction with four Wii programs: Wii FitWii Fit PlusWii SportsWii Sports Resort

  28. How It Works • Physical therapist will log on to Mii-hab.com and enter the physician ID ,password, and eight digit patient code • Choosing from a list of activities offered through the Wii programs, the physical therapist will design a physical therapy session • The created physical therapy session can either be mailed to the patient (if session will be conducted in private residence), or printed out (for in-house therapy sessions) • Once patient completes the session, the completion data is automatically loaded and available for viewing on Mii-hab.com. USB Flash drive can be utilized at residences lacking internet service.

  29. Mii-Hab Activities Wii-Fit and Wii-Fit Plus Over 60 activities in four categories; Strength TrainingAerobicsYogaBalance GamesWii-Fit Plus is the Wii-Fit upgrade and offers 15 additional balance and Aerobics games. Wii Sports(Classic sport activities) BowlingTennisBaseballBoxingGolf Wii Sports Resort(fun resort-based activities) SwordplayWakeboardingFrisbeeArcheryBaseballTable TennisGolf Bowling

More Related