Oneview Healthcare PLC · ASX:ONE
Oneview Healthcare — H1 2017 Earnings Presentation
38 slides from Oneview Healthcare's earnings presentation, Aug 29, 2017
Slide 1: 2017 Half Year Results Presentation
For personal use only Oneview Healthcare PLC 2017 Half Year Results Presentation 29 August 2017
Slide 2: Legal disclaimer
Legal disclaimer For personal use only This presentation contains general information about the activities of Oneview Healthcare PLC (ABRN 610 611 768) (Oneview or Company) which is current as at 29 August 2017. It is in summary form and does not purport to be complete. It presents financial informa
Slide 3: Introduction to today's presenters
Introduction to today’s presenters For personal use only Mark McCloskey James Fitter John Kelly President & Founder Chief Executive Officer Chief Financial Officer 3
Slide 4: James Osborne
James Osborne For personal use only Former Chairman Oneview Healthcare: April 2013 - August 2017 Please click HERE for Irish Times Obituary 4
Slide 5: Agenda
Agenda For personal use only Section Slide 1 1H17 Highlights 6 2 1H17 Results Overview 13 Business Update Oneview inPatient 3 Oneview CONNECT 17 Oneview Pathways Oneview Senior Living 4 Growth Strategy and Outlook 36 5
Slide 6: CY16 1H17 Results Highlights Overview
For personal use only CY16 1H17 Results Highlights Overview 666
Slide 7: 1H 2017 overview
1H 2017 overview For personal use only • Total revenue in the period amounted to €2.23m (PcP €4.99m -55%). Specifically: o Recurring revenue for the period was €1.29m (PcP €0.63m +103%) and will continue to grow as we deploy existing contracts o Non-recurring revenue for the period of €0.95m (PcP €4
Slide 8: 1H17 Operational highlights
1H17 Operational highlights For personal use only 21 facilities Live and installed facilities +91% PcP and +133% since IPO live and installed Live and installed beds + 80% PcP and +132% since IPO 3,000 beds live and installed Total contracted beds + 37% PcP and + 107% since IPO [With last week’s ann
Slide 9: Key operating metrics growth
Key operating metrics growth For personal use only Contracted bed & pipeline developments 17,099 IPO Dec-16 Jun-17 12,214 11,466 7,704 7,404 6,812 5,181 5,633 5,508 4,510 3,812 3,292 2,666 3,000 1,998 2,515 1,294 1,896 Beds live Contracted not yet installed Total contracted Preferred tenderer/in con
Slide 10: Pipeline Overview
Pipeline Overview For personal use only • Not all customers proceed to a formal RFP • Total of 33 bids submitted in 1H17 (+175% PcP) BIDS SUBMITTED • Average 67% bid success rate (2016-17 combined) • Decisions remain outstanding on 55% of all bids submitted (representing 14,229 beds) • Further 16 bi
Slide 11: Firsts for Oneview in 1H 2017
Firsts for Oneview in 1H 2017 For personal use only • First deployment of CONNECT in a live environment with full CERNER integration • First cross platform mobile app live - iOS and Android (CONNECT) • First integration into customized client building management systems (Drew’s light Iowa) • First d
Slide 12: 2017 Hiring Update
2017 Hiring Update For personal use only • Reduced pace of hiring in the period (+18%) following significant growth post IPO. 55% of employees at June 17 are in technology as we continue to invest in innovation. 6% of headcount are in sales • We have made 3 very important appointments:- • Mike Becht
Slide 13: 1H17 Results Overview
For personal use only 1H17 Results Overview 1313
Slide 14: Income statement
Income statement For personal use only VARIANCE % € millions 1H17 1H16 (1H17 – 1H16) • Recurring revenue growth +103% Recurring revenue 1.28 0.63 103% Non recurring revenue 0.95 4.36 -78% • Decline of 78% in non recurring revenue arising from the impact in Total revenue 2.23 4.99 -55% the PcP of the
Slide 15: Balance sheet
Balance sheet For personal use only € millions as at as at • Net assets as at 30 June of €23.2 underpinned by cash on hand of 30-Jun-17 31-Dec-16 €22.6m Assets • Cash continues to be held in € and US$ proportionate to Cash and cash equivalents 22.64 35.09 underlying currency spend. No exposure from
Slide 16: Cash flow statement
Cash flow statement For personal use only € millions • Monthly gross cash burn (before recurring income) averaged 1H17 1H16 €2.0m per month in the half year and currently tracking at €2.1m Cash flows from operating activities per month. This is in line with guidance given in February 17. Receipts fr
Slide 17: Oneview Inpatient
For personal use only Oneview Inpatient 17
Slide 18: Business update – Oneview Inpatient
Business update – Oneview Inpatient For personal use only • Hospital opened on 25 February 2017 following 3 month • Oneview signed in February this year, a multi year construction delays by the Master Contractor agreement with BJC to deploy across 2,000 devices (1,000 • UICH University of Iowa Stead
Slide 19: Business update – Oneview Inpatient (cont'd)
Business update – Oneview Inpatient (cont’d) For personal use only • Deployment of the Oneview system across 631 beds at the • The 7 year contract provides for the further roll-out of Lancaster General Hospital in Lancaster, PA. In 2H17, 171 beds are Oneview’s software for up to 2,000 devices (1,000
Slide 20: Business update – Oneview Inpatient (cont'd)
Business update – Oneview Inpatient (cont’d) For personal use only • This represents a very significant win as it represents our first large scale competitor displacement • Contract for immediate deployment across 6 hospitals and 1,308 beds in 2H17 • University Hospitals are an integrated network of
Slide 21: Oneview CONNECT
For personal use only Oneview CONNECT 2121
Slide 22: CONNECT at The Children's Hospital at Westmead
CONNECT at The Children’s Hospital at Westmead For personal use only • Anticipated hospital wide go-live in September 2017 • In the chronic disease trial group (Trial Group A), 61% of patients have now downloaded the app • Across all three trial groups, 15% have so far downloaded the app • Ease of s
Slide 23: CONNECT at The Children's Hospital at Westmead
CONNECT at The Children’s Hospital at Westmead For personal use only Live Now: • Account creation & proxy care • Appointment management • Point to point communication • About me – free txt 2017 Roadmap: • Hosting URL’s allowing for telehealth and wayfinding • Document sharing from the eMR • Assignin
Slide 24: CONNECT messaging by week
CONNECT messaging by week For personal use only 140 180 Clinicians in trial group 69 170 162 ‘A’ have enjoyed a 160 120 154 20.4% decrease in the 146 138 59 140 100 number of pages 129 120 received since 115 64 55 80 implementation. 96 45 100 37 80 60 73 21 33 98 58 60 40 79 0 29 40 58 34 24 53 54 4
Slide 25: CONNECT Feedback from consumers
CONNECT Feedback from consumers For personal use only How would you rate your User Quotes experience using the My Health “Quicker, more effective communication. All in one place.” Memory App? “Easier to communicate with the nurses” 60.0% 53.8% “To keep in touch with our team - re hospital admittance
Slide 26: Oneview Pathways
For personal use only Oneview Pathways 2626
Slide 27: Patient Pathways – Update
Patient Pathways – Update For personal use only • Exciting prostate cancer pilot study complete –commenced in April 17 and was completed ahead of schedule • 80 patients were processed in the pathway • 16 consultants used the system • Generated huge interest and enthusiasm from all stakeholders and u
Slide 28: Oneview/Oxford Prostate Patient Pathway
Oneview/Oxford Prostate Patient Pathway For personal use only Oneview, in collaboration with Oxford University NHS Trust, has developed a Prostate Cancer Pathway to digitise the workflow from initial GP referral to the Multi-Disciplinary Team (“MDT”) diagnoses. The pathway includes: • SMART ON FHIR
Slide 29: Patient Pathways – Update
Patient Pathways – Update For personal use only 29
Slide 30: Benefits of the Oneview/Oxford Patient Pathway
Benefits of the Oneview/Oxford Patient Pathway For personal use only • Faster throughput of patients through the pathway 62 day waiting target • Helps achieve cancer wait time targets: - 14 days (two week wait) - 31 days (diagnose to first treatment) - 62 days (GP referral to first treatment) • Deli
Slide 31: NHS Digital Exemplars
NHS Digital Exemplars For personal use only Twelve NHS hospital trusts have been selected to trail blaze new ways of using digital technology to drive radical improvements in the care of patients. They will each receive up to £10 million in 2017 from NHS England in a bid to inspire a digital revolut
Slide 32: The NHS cancer pathway
The NHS cancer pathway For personal use only • Average of 1,393,172 patients per annum seen by a specialist following an urgent referral for suspected cancer from 2011 – 2016. (Compound annual growth rate of 12% for this period).¹ Number of patients seen by a specialist following an urgent GP referr
Slide 33: Oneview Senior Living
For personal use only Oneview Senior Living 33
Slide 34: Senior Living Update
Senior Living Update For personal use only • On 19 August 2016, Oneview announced the signing of a contract for the design and installation of Oneview’s senior living solution at Thomas Holt’s new assisted living facility at Kirrawee, NSW, Australia. The agreement provides for Oneview to install its
Slide 35: End-to-end, integrated platform
End-to-end, integrated platform For personal use only Sales support platform Care team console Resident experience Circle of Care • Sales process digitisation • Holistic resident profile • My Health • Messaging • Resident profile • Staff-resident assignment • My Day • Care reports • Occupancy manage
Slide 36: Growth Strategy and Outlook
For personal use only Aged Care Philosophy Growth and solution design Strategy and Outlook 3636
Slide 37: Outlook
Outlook For personal use only • Despite the lack of clarity around the new U.S. Administration’s healthcare policy, we received 33 requests for pricing in 1H17 compared to 36 in FY2016 • Australian pipeline continues to build with clearly defined late-stage opportunities in NSW and Queensland. We co
Slide 38: 2017 Half Year Results Presentation - End
For personal use only 2017 Half Year Results Presentation -End- 38