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AccuImage Diagnostics Corporation June 29 th 2000 Robert Taylor, Ph.D. Chief Executive Officer

AccuImage Diagnostics Corporation June 29 th 2000 Robert Taylor, Ph.D. Chief Executive Officer. AccuImage in 1999. The product and market during fiscal year 1999: AccuImage was largely development-phase. Product offering was the AccuView Medical Imaging Workstation.

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AccuImage Diagnostics Corporation June 29 th 2000 Robert Taylor, Ph.D. Chief Executive Officer

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  1. AccuImage Diagnostics Corporation June 29th 2000 Robert Taylor, Ph.D. Chief Executive Officer

  2. AccuImage in 1999 • The product and market during fiscal year 1999: • AccuImage was largely development-phase. • Product offering was the AccuView Medical Imaging Workstation. • Sales were dominated by OEM agreement with Imatron: ~70% • Remainder of sales were direct, mostly to Imatron customers: ~20% • A small portion of sales not related to Imatron ~10%

  3. AccuImage in 1999 • The corporation during fiscal year 1999: • New management team established • Technology excellence recruited and deployed • FDA Clearance to market new software sought and obtained • Financed by ~$0.5M private placement • Process of becoming a reporting company initiated • Limited capacity for marketing product and company

  4. AccuImage in 1999 • The technology during fiscal year 1999: • Advanced 3D post-processing • Networking capability • Workflow and productivity • Distinguishes us from PACS companies • BUT… a limited marketplace

  5. AccuImage in 2000 • The products and marketplace in 2000: • Product now to market – approximately 300% growth this year to date • More emphasis on Web radiology and PACS – eStation3D • Broader technology base opens markets beyond OEMs • Direct Sales not related to OEMs showing more promise – our future? • Imatron and Imatron-related sales strong to date – competing successfully • Exploding PACS marketplace brings opportunity and competition

  6. AccuImage in 2000 • The corporation in 2000: • Expansion and recruitment. Natural growth to 15-20 staff by year end. • SEC-versed CPA retained and Reporting Company status being pursued. • First two quarters of fiscal year 2000 profitable • Revenue in first two quarters alone exceeds entire prior fiscal year • Funds for expansion provided by ~$0.75M private placement • Need for rapid business development clearly defined

  7. AccuImage in 2000 • The technology during fiscal year 2000: • Advanced 3D post-processing now mature • Web-based distribution and review added • This popular product rapidly deployed • Broader technology opens direct markets • Technology capable of SCALE

  8. AccuImage Staffing • AccuImage is growing… • CEO – Robert Taylor, Ph.D. • Vice President, Sales – Shelley Powers • Financial Controller – Michael Berghofer • Head of Operations – Chris Wiedmann • Recent and imminent staff additions: • New salespeople - Florida, Southern California Expert software developers Financial expertise Experienced clinical applications specialists Additional technical support staff Additional administrative staff

  9. Financial Summary

  10. Financial Summary

  11. AIDP Stock volume and price history Shares Outstanding on May 10, 2000: 10,981,534

  12. AccuImage Tomorrow AccuImage has three avenues to pursue: WanPACS Enterprise-wide solutions for medical imaging. Our existing technology deployed via Wide Area Networks Direct Sales Direct sales of workstations to replace film and for advanced applications such as 3D Volume Rendering OEM Building on our past success providing strong, responsive support for OEM’s requiring advanced workstation tools.

  13. AccuImage Tomorrow • The WanPACS model: • AccuImage contracts with hospitals and imaging centers to provide off-site archiving and enterprise-wide solutions for their medical imaging needs, as a Fee-Based Service. • The service includes: • WAN-based archiving of image data • On-site review and post-processing • Off-site distribution and teleradiology • Secondary services

  14. AccuImage Tomorrow • The Services • WAN-based archiving of image data: • UCLA, with around 600 beds, is generating 6TB per year already. There are ~300 hospitals this size or larger in the US alone, and over 6000 smaller facilities.* In addition, there are numerous imaging centers without any beds. It is probably a conservative assumption that when medical imaging is fully digital, 1TB will be required per 100 beds. • With approximately 1.25 million beds in the US*, that translates to at least 12.5 petabytes per year and rising as imaging modalities generate more and more output. This is for the US alone *Source: National Hospital Blue Book 2000

  15. AccuImage Tomorrow • The Services • On-site review and post-processing: Workstations will provide the softcopy reading for radiologists, as well as review stations for other departments such as the ER, CCU, ICU, OR, and advanced post-processing for 3D labs. • Off-site distribution and teleradiology: From the centralized archive, images can be distributed over virtual private networks and the internet to referring physicians, and remote reading physicians. All these physicians are also potential customers for our post- processing technology. • Secondary services: Via a web browser, hospitals will be able to order films, CDs or hardcopy reports to be generated at the service provider’s facilities and distributed to a designated recipient.

  16. AccuImage Tomorrow The WanPACS market: The key phrase from an earlier slide was: …at least 12.5 petabytes per year and rising… If providers charged 10 cents per megabyte for storage, and provided all the other aspects as part of the service, with that would still be a$1.25bn per yearmarket. In reality, it is likely the storage aspect with be only the primary market, with a large secondary market in review and reading equipment.

  17. We need to move fast • How can a small company like AccuImage compete in this marketplace? • The competition is formidable: GE, Siemens, Agfa, Kodak and numerous startups are all seeking a share in this marketplace. • Is our technology any different? Our sophisticated post-processing and responsiveness could help distinguish us once we have established a market share. • How can we establish a market share? Provide a show site with an enterprise-wide solution. Use that referral to secure two more sites. Use those referrals to secure ten more sites… and so on. • Healthcare is currently lost in a maze of ‘vapor’ products – countless radiology administrators needing to go digital but unable to find a well-recommended or established product that covers all their needs. Providing a system that WORKS to one customer, as high a profile customer as possible, is the key. • Our competitors are doing this right now. We need to move fast.

  18. What next? • Implement WanPACS beta site • Seek next round financing for WanPACS business model • Continue natural growth of current operations • Develop stronger presence in the investment community • Aggressively seek strategic alliances and partnerships

  19. WanPACS beta site – what will it take? Our first WanPACS installation: Target a 300 bed hospital, ~3TB per year, 3 reading rooms, 3D lab, filming services, teleradiology, referring physicians, ER, OR, ICU, CCU. ~2 Full-time software developers for product development and refinement 1-2 Full time technical specialists for service, installation and support 1 Part-time Clinical Applications Specialist Administrative support Managed server provision from third party (running our software) First year cost: ~$1M Second year cost: ~$150K Estimated downstream retail value: $2M capital outlay, $500K annual service fee, Other services extra

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