First Choice Healthcare Solutions, Inc. · OTC:FCHS
First Choice Healthcare Solutions — Investor Presentation (April 2012)
18 slides from First Choice Healthcare Solutions's investor presentation, Apr 18, 2012
Slide 1: FCHS April 2012
April 2012 OTC/BB: FCHS www.myfchs.com FCHS
Slide 2: Forward-looking Statements
Forward-looking Statements This presentation contains statements which are forward-looking statements. Such forward-looking statements are based on current expectations, estimates, and projections about our industry, management beliefs, and certain assumptions made by our management. tŽƌĚƐƐƵĐŚĂƐ͞ĂŶƚ
Slide 3: Company Overview
Company Overview Develops, owns and operates state-of-the-art Multi- Specialty Medical Centers Provides a broad-range of high quality management services Comprised of an optimal mix of specialty physicians and ancillary diagnostic and rehabilitative services Enable physicians to exclusively
Slide 4: Economic Highlights
Economic Highlights Leveraging unprecedented fundamental shifts in multibillion- dollar healthcare sector with benefits to physicians and patients Highly scalable, capital-efficient business model with economies of scale, better marketing and predictable cash flow Captures revenue from multipl
Slide 5: Difficulties Facing Legacy Medical Practices
Difficulties Facing Legacy Medical Practices Physicians are burdened with non-clinical administrative functions Cost of overhead Regulatory compliance Rising administrative and employee costs without increases in patient reimbursement Less time for practicing medicine, increasing patient dis
Slide 6: Physician Options
Physician Options Become a hospital employee Capped income Cog in system Join a traditional group practice Go it alone / do nothing Retire Although many options, the BEST OPTION is Join First Choice Healthcare Solutions Transforming Healthcare Delivery One Patient at a Time 6 FCHS
Slide 7: FCHS - A Better Option for Physicians
FCHS - A Better Option for Physicians Allows physicians to focus on the practice of medicine Opportunity for increased income Freedom from the responsibility of managing the non- clinical components of the business State-of-the-art, integrated diagnostic services High exposure marketing to
Slide 8: Superior Patient Experience with a Human Touch
Superior Patient Experience with a Human Touch Consistently high service levels Best-in-class physicians State-of-the-art diagnostic and rehabilitative services Covered by most third-party payers On-time appointments Accurate and current patient information State-of-the-art patient sch
Slide 9: Patient Focused Model Applied to Healthcare Delivery
Patient Focused Model Applied to Healthcare Delivery Functional separation of responsibilities Central administrative serves as hub Multi-specialty medical centers are spokes Administrative core provides economies of scale Scalable for rapid expansion to allow patients more options Strat
Slide 10: Multi-Specialty Center Model
Multi-Specialty Center Model Physicians 8-10 physicians Neurologists, Orthopedics, Pain Management Synergistic medical practices and diagnostic services Gross collections per physician per year of $600,000 - $1.6M Facility 12,000 ʹ 16,000 square feet per center Premier office space,
Slide 11: Multi-Specialty Center Acquisition Profile
Multi-Specialty Center Acquisition Profile Direct acquisition costs $500k - $1M Capital improvements $2-$3M leasehold improvements $2.5-$3M diagnostic and rehabilitation equipment Operational in 3 to 4 months Physician selection Site selection Transforming Healthcare Delivery One Pat
Slide 12: FCHS Multi-Specialty Center Expansion Plan
FCHS Multi-Specialty Center Expansion Plan 2012: Flagship Multi-Specialty Center fully operational 2013: 2 additional units 2015: 6 to 8 additional units Transforming Healthcare Delivery One Patient at a Time 12 FCHS
Slide 13: Acquisition of First Multi-Specialty Center
Acquisition of First Multi-Specialty Center Purchase price $2.524 million $1.14 million in cash Net balance in 244,045 post-split restricted common stock valued at $3.60 per share Licensed two additional satellite locations First Choice Medical Group of Brevard, LLC, located on the Intraco
Slide 14: Management
Management Chris Romandetti, President & CEO Joined in 2010 Medical practice consultant since 2007 Managing member of Marina Towers, LLC since 2003 Managing Member of C&K, LLC ʹ property management company Director of Sunrise Bank Kris Jones, Vice President of Medical Operations Previous
Slide 15: 2011 Financial Highlights
2011 Financial Highlights Working capital of $525,000 as of Dec. 31, 2011 One-time $6.7M non-cash compensation related to services provided by MedTrx $500,000 new line of credit Capital resources sufficient for 2012 funding requirements Operations of new model to be reflected in 2Q12 finan
Slide 16: Recent Achievements
Recent Achievements Acquired flagship Multi-Specialty Center Changed trading symbol from MDBL to FCHS Redomesticated corporation to Delaware Completed a 4-to-1 reverse stock split resulting in approximately 12.7M shares outstanding Obtained a $500,000 revolving line of credit Appointed n
Slide 17: Fully Diluted Capitalization Table
Fully Diluted Capitalization Table Common Stock (approximate) 12,462,751 Common Stock (b) 244,045 Total Common Stock Issued 12,706,796 Common Stock Warrants (a) 1,975,000 Employee Option Plan 500,000 Fully Diluted Shares Outstanding 15,181,796 (a) Represents shares issuable upon exercise of warrants
Slide 18: Opportunities for FCHS
Opportunities for FCHS Leveraging unprecedented fundamental shifts in multibillion-dollar healthcare sector with benefits to physicians and patients Highly scalable, capital-efficient business model with economies of scale, better marketing and predictable cash flow Captures revenue from multi
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