Clover Health Investments, Corp. · NASDAQ:CLOV
Clover Health Investments — J.P. Morgan Healthcare Conference 2023
18 slides from Clover Health Investments's conference presentation, Jan 10, 2023
Slide 1: Clover Health J.P. Morgan Healthcare Conference January 11, 2023
Clover Health J.P. Morgan Healthcare Conference January 11, 2023
Slide 2: Forward-looking statements
2 This presentation and the accompanying oral presentation include forward-looking statements, including statements regarding future events and Clover Health Investments, Corp.’s (“Clover,” “we,” “our,” or “us”) future results of operations, financial position, business strategy and future plans, an
Slide 3: Our Vision
3 Our Vision Empowering Medicare Physicians to Identify and Manage Chronic Diseases Earlier
Slide 4: Our Strategy
4 Our Strategy Exclusively focused on Medicare. Our business is focused on improving the care of Medicare beneficiaries Focused on wide physician networks. Consumers want physician choice and our products are designed to give them that choice. We aim to work with almost any physician ● PPO in Medica
Slide 5: Our Leadership Team
Brady Priest CEO of Home Care _____________________________________________________________________________ >20 years in industry Andrew Toy Chief Executive Officer __________________________________________________________________ >20 years of technology & healthcare leadership 5 Our Leadership Tea
Slide 6: Medicare Market Growing and Medicare Advantage Segment Growing Even Faster
6 Medicare Market Growing and Medicare Advantage Segment Growing Even Faster Source: U.S. Census Bureau - Population Estimates and Projections, Statista, Association of American Medical Colleges (AAMC), CMS, Kaiser Family Foundation. Note: Senior population in millions, Medicare spend in billions of
Slide 7: Our Framework to Serve All Medicare Beneficiaries
7 Our Framework to Serve All Medicare Beneficiaries MA plans focused on delivering care on a PPO chassis Projected 2023 Revenue: $1.15B - $1.20B Clover Assistant Data and insights to help physicians detect, identify, and manage disease earlier Medicare Advantage (Insurance Segment) Helping providers
Slide 8: Medicare Advantage (Insurance Segment)
8 Medicare Advantage (MA) (Insurance Segment) We operate our own MA plans with robust provider networks. Our plans have key differentiators: PPO Centric. We believe that people want choice and narrow networks can only serve a minority of the population Designed for Growth. Popular wide network plans
Slide 9: Accountable Care Organization (ACO) (Non-Insurance Segment)
Our ACO provides Clover Assistant and other tools to providers to help them manage their Original Medicare populations through value-based care Historically Very Fast Growing. Immense provider interest in our model has resulted in access to rapid revenue growth Technology at Scale. Our partnership m
Slide 10: Home Care Practice
Currently Serving Primary Care Patients 10 Our home care practice has grown tremendously within New Jersey. Delivering care directly to the most vulnerable Clover MA members in their homes allows us to proactively manage their care and drives down medical costs Home-Based Primary Care. Serving NJ me
Slide 11: What is Clover Assistant?
Clover Health What is Clover Assistant?
Slide 12: What is Clover Assistant?
What is Clover Assistant? 12 Physician-centric design has simple onboarding, intuitive interfaces and is capable of integrating with many EHRs Powered by data and machine learning to help empower a wide, diverse network of PCPs CA offers a fulsome, longitudinal picture of the patient to improve care
Slide 13: Clover Assistant is Widely Deployed
Clover Assistant is Widely Deployed 13 “Clover Assistant is the most used tool in our office.” “Clover Assistant helps me provide more informed care for my patients, because it gives me data and insights while the patient is sitting in the room with me.” Vikram Gupta, Physician “Clover Assistant lea
Slide 14: Clover Assistant Changes the Timeline of Care
14 Clover Assistant Changes the Timeline of Care
Slide 15: Clover Assistant Helps in Early Treatment of Diabetes
Clover Assistant Helps in Early Treatment of Diabetes 15 -100 100 Diabetes Medication Management Often Begins After a Clover Assistant Visit 50-50 Note: Data includes cohort of members who have no previously recorded diagnosis of diabetes, have been flagged by the ‘at-risk’ algorithm in Clover Assis
Slide 16: PCPs Detect CKD Earlier Once Adopting CA
PCPs Detect CKD Earlier Once Adopting CA 16 Clover Assistant helps track Glomerular filtration rate (GFR) When a member’s GFR declines to a certain range, Clover Assistant prompts the PCP to consider CKD Stage 3 Clover Assistant helps PCPs identify CKD earlier in the disease’s progression Worse Bett
Slide 17: 2023 Focus
Clover Health 2023 Focus
Slide 18: Manage Capital Prudently - Strong Liquidity Position
18 Manage Capital Prudently - Strong Liquidity Position Provides Space to Manage our Path to Profitability Prioritizing Profitability as our Top Focus. Growth Returns After Profitability Capture Operational Efficiencies to Optimize SG&A and Reduce Spend Price our Insurance (MA) Plans for Profitabili
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