Medicaid organization profile

Medicaid Systems (India)“Serving health... through technology”

Medicaid Systems,#389, Phase:2,Industrial Area,Chandigarh-160002IndiaPh : +91 172 2652706Fax: +91 172 2653608Email: [email protected] : www.medicaid.co.in

Since 1987

• Established in 1987

• Partnership firm registered in India

• Electro-physiology/Therapy, neuro-diagnosis as mainstream domain

• Annual turnover of US$2.95mn

• Total assets: US$ 2.32mn, no liability/loans/mortgage

Overview of Medicaid

• In house design, development and manufacturing

• High reliability and innovative products

• Market share in Psychiatry and Psychology – 90%

• Psychiatry, Neurology, Cardiology, Pharmacology and Physiology domains

• Total factory area: oMedicaid (8000 sq ft)oMediglo (6000 sq ft)oNewly built: PH1:15,000sq ft Ph2: 25,000sq ft

Overview of Medicaid

• ECT - 7,

• rTMS - 3,

• Biofeedback-12

• EEG-9

• Behavior analysis/tests-14

• EMG/NCS/EP- 3

• ECG - 6

• TMT - 2

• Physiographs - 6

• Polygraph - 12

• Others - 18 (tests ,Organ bath, Stim)

Total : 96 models

Product Width

Recent products• MedStim:

oRepetitive Transcranial Magnetic Stimulator (rTMS) for treating depression and various neuro and psychiatric disorders

• YouWalk:

o Functional Electrical Stimulator for treating dropped foot - stroke rehab

• RMNS:

oRight Median Nerve Stimulator stimulation treatment for Coma, severe head injury.

• Non invasive BP from RAT tail:

o Research project using polygraph (VPR/occlusion)

Products in market

• ECT-3000+,

• ECG-3800+,

• EEG-2000+,

• Biofeedback – 1000+

• TMT-200+,

• Poly+Physio+Pleth+Psy- 5000+,

• EMG/NCS/EP- 500+

Total : 15,500 products sold

Our esteemed customers• Psychiatrists – 3400+

• Cardiologists – 460+

• Neurologists - 310+

• Research institutes/ - 200+

• Colleges Universities

• Physicians – 110+

• Medical colleges and – 100+

• Corporate hospitals.

Total : 4580 & counting

Our people: Our Biggest Asset

Our People

• Total 73 employees:• Tech (31), • Operations (22), • Design (12),• Admin (8)• Average age 29 years• Training and development 6hrs/emp./month• Employee turnover rate below 2%

• Average stay with company 8years • 1000 improvement ideas (Kaizen) implemented:

o Last 3 years, total savings:US$5737• Spread over 10 office locations

strategically spread across India• Participates in CSR activities

Human Resource: Our Biggest Asset

Financial Capability

• No liability

• No loan

• No mortgage

• Increasing customer base

• Upward trend from last 10 years

• Investment in technology

• Investment in R&D: **Digikey US$920/mt last 3 years

STRATEGIC APPROACH• Quality: conscious mgmt & conscious employees

• Cost : affordable, num of installations

• Delivery : 90+ on-time, KANBAN based inventory scheduling

• Continuous Improvement : KAIZEN, QC, Suggestion schemes

• System : ISO-13485, CE, IEC TEST

• Audits : Internal and external audits

• Operational Excellence: • Lean management practices adopted : 5S, • Visual Mgmt, Kanban, Inventory mgmt, • Total employee involvement

Technology prowess

• Design development using latest tools

• Tie-up with university, college, research inst

• Multi platform development

• Mobile and desktop

• Multiple platforms , Windows, Android, Web

• Latest hardware partner “Toradex”

• As OEM partner with Microsoft “Insiders program” developing on Windows-10 OS

About self • Engineer by profession:• B-Tech (Elex) and B-Tech- Ind Er. and mgmt (Specialization TQM)• Keen interest in Design and development

• 15 years experience product development (Medical):• Electrophysiology, • Medical diagnosis • Medical therapy

• Worked as associate, team lead and manager in 32+ D&D projects• Worked with international teams / customers • Trainings in Germany and Japan• MR for ISO-13485 audit, CE – surveillance audit, product testing for IEC

standards : 2009-2014

Partners.. our vendors/consultants

• Treating vendors and suppliers as partners• Collaborative effort with vendors• Development/ up-gradation of vendors • Support from EMS for bulk orders• Quality assurance from vendors and suppliers• Long term contracts and availability• System improvement and guidance from consultants

Reasons to work together• Our experience• Understanding of technology recent product match

• Understanding of system (Quality, CE, IEC)• Cost advantage • Reliability• Proactive approach – Digikey order

• Young and energetic team• Support from new government• Logistics – DHL, TNT, Int. Airport …

• Solutions instead of product or service

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Questions

Thanks for your patience

We can collaborate…• USB data acquisition system up-to 480Mbps

• Windows Embedded standalone system

• Android mobile app development

• Algorithm testing and development

• New product development

NIBP from rat tail using VPR