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Today’s healthcare isn’t working for most Americans
Americans using Medicare and Medicaid are left behind when it comes to education and access to life’s most critical health options.
We want to change that with life-saving preventative screenings leveraging artificial intelligence before health worsens while delivering a better experience to families, employers, clinicians, and health plans.
- Join the cause: If you are a health plan, employer, union, or health system and want to help all Americans gain access and education to a life-saving screening, or join us with in-kind support, contact us to discover how a partnership could benefit our organizations.
- Contact Us: Please email Ty Vachon, the Chief Executive Officer and radiologist of Oatmeal Health at Ty@oatmealhealth.com for more information and to schedule a meeting.
Why Now? What is the Problem?
Guidelines changed in February 2022, increasing eligibility to 14.5M lung cancer patients from 6.4M to help identify and treat Medicare patients sooner
- 13.9M eligible Americans skip their Lung Cancer Screening each year
- As a result, 84% of lung cancer presents at a late and expensive stage
- Once found, 50% of lung cancer patients die unnecessarily within one year of being diagnosed
- Most radiology screenings are not AI-enabled, leaving radiologists to manually read scans and measure changes over which can cause errors and misdiagnosis
What is Oatmeal Health:
Oatmeal Health is a veteran-owned multi-specialty practice that offers preventative AI-enabled chronic disease screenings to underserved patients. Virtual radiology model.
- Provide white-glove service to ensure repeat appointments
- AI-powered radiologist tools/reports for image reading, analysis, and reimbursement
Benefits to Health Systems
- Increase scan volume and revenue – Oatmeal Health will refer patients, document findings, and help generate additional revenue for you with both the initial scan and rescans year after year
- Contracted Primary Care Services, Improve outcomes and revenue: We understand your staff only has so much time every day to help patients. We want to help your staff by taking lung cancer screenings off your plate and provide “white-glove service” to your patients that need regular scans while helping you generate additional revenue per patient.
- Reduce CT scanner downtime – Are you running your CT scanner below 100 percent capacity? Let Oatmeal Health fill your appointment slots at no cost to you
- Increase incremental procedure revenue – We will market your health system alongside ours to new patients that may not have been exposed to your organization increasing incremental procedure revenue for other service lines.
Facts / Statistics:
- Loss of Revenue: About three-fourths of short-term acute-care hospitals lost money treating Medicare patients in 2016
- Rising Costs to Treat Patients: According to a study published in the international journal Lung Cancer, the failure of initial treatment is associated with markedly increased costs. Patients needing additional rounds of treatment had total costs of $120,650, compared to $45,953 for those receiving initial treatment only.
- Medicare Spending: Over the year of diagnosis, mean per‐patient annual Medicare spending varied substantially by cancer type: $35,849 for breast cancer, $26,295 for prostate cancer, $55,597 for lung cancer, and $63,063 for colorectal cancer
- Annual Cancer Spending: Price tags of life-saving treatments are continuing to increase, with nearly $150 billion being spent nationally per year for cancer care, four times more than treatment for other common health conditions, according to a report from The Mesothelioma Center.
- Lung Cancer Treatment Annual Cost: Cancer treatment costs were reported highest among preventable cancers such as lung cancer, colorectal cancer, breast cancer, and mesothelioma. Specifically, the lifetime cost of lung cancer was an estimated $282,000 while mesothelioma was a reported $150,000.
- Cigarette Sales Increased for the first time in 20 years: The number of cigarettes that the largest cigarette companies in the United States sold to wholesalers and retailers nationwide increased from 202.9 billion in 2019 to 203.7 billion in 2020, according to the most recent Federal Trade Commission Cigarette Report. This represents the first time annual cigarette sales have increased in 20 years.
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Author:
Jonathan is a seasoned executive with a proven track record in founding and scaling digital health and technology companies. He co-founded Oatmeal Health, a tech-enabled Cancer Screening as a Service for Underrepresented patients of FQHCs and health plans, starting with lung cancer. With a strong background in engineering, partnerships, and product development, Jonathan is recognized as a leader in the industry.
Govette has dedicated his professional life to enhancing the well-being of marginalized populations. To achieve this, he has established frameworks for initiatives aimed at promoting health equity among underprivileged communities.
