CEO

<p><strong>For HCPs, Liberate reduces the time spent on educating patients by 50% and improves patient understanding of their disease and treatment expectations.</strong></p> <p>According to an AMA study, 89 million adults in the US are unable to understand basic health information provided by their healthcare professional (HCP). Hence, patients leave the office confused and unable to properly manage their health. The cost impact on the healthcare system is over $300 billion including&nbsp;lost revenue to pharma, costly re-admissions to hospitals and patients repeating office visits. There are additional direct costs to the physician in terms of time covering the same information on consecutive encounters with the patients who don&rsquo;t remember the original instructions. In addition, according to the AMA over 70% of all malpractice lawsuits are based on &ldquo;lack of proper communications on the expectations of side effects or damaging outcomes.&rdquo; Recording encounters has been proven to reduce litigation. At the Barrow Institute where recording patient encounters are offered to patients, doctors who record sessions are given a 10% discount on medical malpractice insurance.1 According to a recent JAMA article1 a review identified 33 studies (including 18 randomized trials) of patient use of audio-recorded clinic-visit information. Audio recordings were highly valued; across the studies, 72% of patients listened to their recordings, 68% shared them with a caregiver, and individuals receiving recordings reported greater understanding and recall of medical information2</p> <p>Research published in Annals of Internal Medicine (03/2014) found 31% of new prescriptions are never filled mainly because patients don&rsquo;t understand the implications of medication to outcomes. Meaningful Use 2 is driving increased level of patient education engagement. HCPs are compensated for educating the patient, providing a digital follow-up and access to a patient portal to review health information. Significant growth is occurring in cloud based healthcare solutions. Cloud computing will continue to grow in large part driven by EHR/EMR.&nbsp;</p> <p>Research shows the number one complaint physicians have is they don&#39;t have enough time in their day to truly treat their patients. In addition, a recent report stated that more than 60% of HCPs want better education materials in their digital workflow. This is where Liberate Idea comes to the foray as a leading healthcare communication provider. Liberate extended into electronic health record platforms can engage over 300,000 potential HCPs. The content that is shared with HCPs is portable, shareable, and personalized to the requirements of each patient. All content is stored in a secure HIPAA compliant portal to be reviewed by the patient or the caregiver to improve understanding.</p> <p>In 5 separate clinical experience trials, Liberate Health has been shown to improve patient engagement and patient satisfaction scores.</p> <p>For HCPs, Liberate reduced the time spent on educating patients by 50% and improved patient understanding of their disease and treatment expectations.</p> <p>For patients, Liberate improved the understanding of physician instructions and satisfaction with the HCP interaction. It also strengthened the relationship between providers and patients.</p> <p>For retail pharmacy companies, Liberate has improved brand engagement and provides an intimate educational encounter enabling the pharma brand and pharmacist to offer HCPs value &ldquo;beyond the pill.&rdquo;</p> <p>1. <a href="http://jamanetwork.com/searchresults?author=Glyn+Elwyn&amp;q=Glyn+Elwyn">Glyn&nbsp;Elwyn,&nbsp;MD, PhD1</a>;&nbsp;<a href="http://jamanetwork.com/searchresults?author=Paul+James+Barr&amp;q=Paul+James+Barr">Paul James&nbsp;Barr,&nbsp;PhD1</a>;&nbsp;<a href="http://jamanetwork.com/searchresults?author=Mary+Castaldo&amp;q=Mary+Castaldo">Mary&nbsp;Castaldo,&nbsp;JD, MPH1</a></p> <p>July 10, 2017. doi:10.1001/jama.2017.7511)</p> <p>2. Tsulukidze &nbsp;M, Durand &nbsp;M-A, Barr &nbsp;PJ, Mead &nbsp;T, Elwyn &nbsp;G. &nbsp;Providing recording of clinical consultation to patients&mdash;a highly valued but underutilized intervention: a scoping review.&nbsp;<em>&nbsp;Patient Educ Couns</em>. 2014;95(3):297-304)</p> <p>&nbsp;</p>

<p><strong>Liberate can decrease the time it takes to deliver education at discharge and improve the patient understanding as well as patient satisfaction with the hospital experience and ultimately reduce re-admissions.</strong></p> <p>Liberate can decrease the time it takes to deliver education at discharge and improve both the patient understanding as well as patient satisfaction with the hospital experience. Liberate has conducted 5 clinical experience trials. Two were in pediatric units in large Children&rsquo;s Hospitals.</p> <p>One in a metabolic disease clinic where discharging patients who have inborn disease or inherited genetic disease can be an overwhelming experience for the parents heading home with their newborn. Liberate was proven to increase parent understanding and decreased education time. Liberate received a 100 Promoter score</p> <p>The other experience trial was conducted in a NICU unit with discharge coordinators educating patients about preventing infectious disease and improving hand-washing technique. Liberate was proven to increase parent understanding and decreased education time. Patients who participated were shown to increased follow-up to the referred pediatrician and an increase in patient satisfaction. Liberate received a 100 Promoter score</p> <p>Liberate Health&rsquo;s digital platform creatively uses technology to enhance the physician-patient relationship and advances the educational experience while overcoming the limitations of traditional teaching aids. The Liberate Health platform gives hospitals the ability to record personalized health education instructions to patients. A library of award winning infographic and interactive medical slide decks developed by expert physicians and medical specialist supports the educational engagement.</p> <p>Hospitals can send their interactions to the patient stored securely in the cloud and where the patient can retrieve and review it anytime they want to. This extension of the educational encounter for parents proved to incrementally improve the positive experience of the hospital discharge and the patient satisfaction.</p> <p>So to hospitals, Liberate can decrease the time it takes to deliver education at discharge and improve the patient understanding as well as patient satisfaction with the hospital experience and ultimately reduce re-admissions.</p>

<p><strong>Liberate can provide performance based incremental income worth $XXmillions</strong></p> <p>Liberate has participated in three partnerships with financial and data transfer relationships.</p> <p><strong>EMR/EHR Partners</strong></p> <p>Technology investment to develop integration into iPad platform EHR such as:</p> <ul> <li>Athena</li> <li>Allscripts</li> <li>NextGen</li> </ul> <p>Physician&rsquo;s pay for the service on a PMPM shared revenue model typically 20-30%. Opportunity could generate more than $10 million in annual revenue. These partnerships can also generate increased scale, which can generate pharma revenue.</p> <p><strong>Pharmaceutical/Diagnostics/Device company Partners </strong></p> <p>These partnerships are driven by data supplied on real world behaviors of targeted HCPs. The Liberate Health platform has enormous data collection capabilities which our partners value.</p> <p><strong>Middleware Scale Partners</strong></p> <p>Liberate has engaged several partners and Liberate has been integrated into the middleware app to drive HCP user scale. The revenue model is similar to EMR partnerships at 25-30% of revenue.</p>