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GCC-HIMSS Student Event February 5, 2010

GCC-HIMSS Student Event February 5, 2010 . Tom Lee, Ph.D., MBA CEO. My History: Crossing Over . Physics  Analytics  Mobile  Health IT (back to Analytics) Academia  3 Start-Ups  2 Fortune 500s  Start-Up Academic  Engineer  CTO  Business Dev  Product Mgmt  CEO

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GCC-HIMSS Student Event February 5, 2010

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  1. GCC-HIMSS Student EventFebruary 5, 2010 Tom Lee, Ph.D., MBA CEO

  2. My History: Crossing Over • Physics  Analytics  Mobile  Health IT (back to Analytics) • Academia  3 Start-Ups  2 Fortune 500s  Start-Up • Academic  Engineer  CTO  Business Dev  Product Mgmt  CEO • Things I’ve learned: • “Stay hungry, stay foolish”: Passion drives learning a new field • Seek people smarter than you • Get into the details • Search for your unique value-add • Innovation is at the interfaces • Relation to SA Ignite • Passion: Family experience with healthcare shortcomings • Smarter People: Health IT and clinical experts • The Details: Hands-on working with clinicians • Unique Value-Add: Successful start-up experience, professional network, deal-making • Innovation At The Interfaces: Clinicians, engineers, analytics experts working together Proprietary and Confidential

  3. Difficult, Risky, Expensive: Trying to fix an EHR is like trying to fix… The Money Pit • HHS estimates 30 – 50% of EHR implementations fail • According to the MGMA, 50%+ eligible practices won’t earn Meaningful Use incentives • Expensive and time-consuming to find root causes • Example: 100-doc group uses stopwatches to measure workflow bottlenecks • “Tyranny of the Squeaky Wheel” results in ill-informed decisions • Many moving parts associated with fixing an EHR contributes to low success rate • The Last Resort: Switching EHRs is a very expensive proposition The process of trying to fix EHRs is broken. Proprietary and Confidential

  4. What Exactly Is Broken: The Process of Analyzing EHR Deployments • Analogous to early days of internet shopping sites • Current analysis methods • Qualitative: Interviews, focus groups, surveys, shadowing • Quantitative: EHRs’ built-in tools, stopwatches • Data sets are too small  Inability to motivate change + “Tyranny of the Squeaky Wheel” • Example: 100-doc group lacks enough data to motivate the EHR vendor • Critical usage data is not captured  Hidden issues + inability to find root causes • Example: 600-doc group has Meaningful Use gaps, but can’t find root causes • Analysis is expensive & time-consuming  Analysis can’t keep up with new issues arising Current analysis methods are woefully inadequate. Proprietary and Confidential

  5. Flipping the Status Quo On Its Head = Higher EHR Return-On-Investment Time & Cost of Analysis Time & Cost of Analysis • Drivers of Greater Knowledge • Capture of EHR usage data that is: • On-going & unobtrusive • Comprehensive • On a massive scale • Powerful analytics • More high-impact issues uncovered • More root causes isolated • Better issue-impact estimates combat “Tyranny of the Squeaky Wheel” Knowledge of EHR Issues Knowledge of EHR Issues • Drivers of Better Performance • More high-impact issues fixed • Better fixes through addressing root causes • Better decisions through more accurate issue- impact estimates • Greater productivity and throughput • Better billing and coding accuracy • Higher EHR Meaningful Use compliance & $ • Greater EHR ease-of-use & user satisfaction • Fewer EHR user errors EHR & Practice Performance Improvement EHR & Practice Performance Improvement With ehrCatalystTM The Status Quo ehrCatalystTM enables ROIs far exceeding those under the status quo.

  6. About Us • Innovative Team • GE Healthcare, Northwestern Memorial, 3COM, Motorola, RIM, Accenture, Aginity • Experts in EHR analysis and Meaningful Use • Collectively served 1000+ clinicians on EHRs • Patent-pending EHR analysis technology • Founding member of Chicago Health IT Regional Extension Center (CHITREC) • Targeting 1700+ Chicago providers Our business is Advancing EHR performanceTM. Proprietary and Confidential

  7. Opportunities to Join Us • Areas of growth: • Clinical Workflow – clinical experience with EHRs or consulting background • Software Development – programming Windows, C/C++/C#, databases • Job descriptions at www.saignite.com • Email: jobs@saignite.comor tom@saignite.com If you are interested, look forward to meeting afterwards! Proprietary and Confidential

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