• A LARGE HEALTHCARE CATEGORY RIPE FOR DISRUPTION
  No secret, the COVID-19 pandemic exposed the inefficiencies, and the fragilities, of healthcare as we knew it prior to 2020. However, businesses that were not inextricably tied to legacy systems and processes have thrived, attracting record levels of investments by traditional venture capital at multiples not seen since the technology boom. Moreover, public offerings as well as mergers and acquisitions of niche players are occurring at an unprecedented pace.
  
  

• A LARGE NICHE MARKET
  We address one of the major pain points of middle-market, self-insured employers. It is a highly fragmented $26B niche market growing at 11% annually that is currently controlled by a plethora of big, inefficient health insurance companies and an army of third-party middlemen.
  
  

• WE’RE A START OVER; NOT A START-UP
  We know the pain points of middle-market, self-insured employers, their employees and the doctors and nurses who want to do what’s right for each individual patient. But they can’t because they are ensnared in the bureaucracy that dominates today’s health insurance marketplace. It’s a marketplace controlled by a limited number of legacy players, and they’re too big to fix. We know, we spent over a decade working inside the system.

Vxtra Health collaborates with local doctors to develop and manage health plans without the hassles for middle-market, self-insured employers.  By partnering with doctors in local markets, we leverage enabling technology, data analytics and highly personalized patient navigation to improve the doctor-patient experience and provide better care while reducing avoidable costs for employers and doctors alike.

After years of failed attempts to control costs and improve the user experience - we’ve come to realize this is an underserved, but addressable $26 Billion niche market growing at 11% annually.

Unencumbered by the health insurance industry’s arcane processes and legacy systems, Vxtra Health develops and manages health plans that leverage purpose-built technologies and software to enable the sharing of more meaningful, actionable information sooner.

Vxtra Health’s unique selling proposition is based on management’s experience and capacity to partner with the best and most influential doctors to champion collaborative patient navigation. This full replacement health insurance solution delivers a better user experience and improves results for employers, employees and doctors alike.

This first of its kind convergence positions Vxtra Health to be a differentiated end-to-end solution that addresses unmet needs enterprise-wide. We believe that we can cost effectively scale operations and capture significant market share in a sector that is ripe for disruption and change.

We believe health insurance has become a burden rather than a benefit.

Legacy health insurance platforms do this by provoking an experience that limits doctors’ ability to make decisions and develop trusted relationships without unnecessary layers of bureaucracy.

Doctors want to be part of the solution. They want an opportunity to amplify the economic as well as the experiential value of a more collaborative doctor-patient relationship. That’s where we come in.  We provide a singular platform for doctors to actively engage and collaborate with local middle-market, self-insured employers.

Healthcare is, and should be local. With a priority on the patient-health journey, we are emulating proven strategies that have worked for large, self-insured employers for over a decade reducing costs by as much as 20% and absenteeism by 22%. Leveraging better technology and data analytics to reduce avoidable costs, we deliver an improved experience for all stakeholders.

The founders of Vxtra Health have 30+ years working in healthcare and side-by-side with nationally acclaimed doctors. Leveraging technology to deliver real-time, actionable data, our team of nurses facilitate highly personalized care with Vxtra Health’s proprietary network of select doctors.

What does this mean?...

• They dictate and frustrate, we collaborate and partner with the best local doctors to improve the experience and reduce avoidable costs 
• They can’t, we can. We supply real-time, comprehensive information sooner to the doctor, employee and employer 
• They wander, we facilitate. We bring focus on the doctor and employee experience with direct patient advocacy, doctor-patient collaboration, and navigation

This is a $26 billion market, ripe for disruption, growing at 11% annually. (Source)

The large employers have supported a number of new entrants in the marketplace focused on patient navigation, concierge medicine and advocacy services - attracting $15B in digital health investments in 2021*.

Vxtra Health’s end-to-end solution, not previously available in the market, will position us to achieve better-than-market margins through a monthly recurring revenue model. We have a go-to-market strategy with a $1B+ partner in Charlotte. 

* Digital health startups raised $14.7 billion in the first six months of 2021. The sector has already surpassed the $14.6 billion it raised in all of 2020, according to a report released July 6 by Rock Health, a venture fund dedicated to digital health.

• 2019 - 2021: $1.65M in seed funding from influential doctors, strategic industry partners and founders.

• 2021: Equity exchange with Vxtra Partners, LLC- a $1.8M revenue company with material operating experience and a customer base critical to our success.

• Strategic Joint Marketing agreement with Capital Rx, the fastest-growing pharmacy benefit manager in the U.S.

• Strategic Joint Marketing agreement with the Charlotte office of a leading advisory firm in the U.S. with more than 100 offices and 2,000 business strategists serving the human resource needs of middle-market employers across the nation and broker of record for more than 65,000 employers.

Vxtra Health develops, markets, and manages high-performance health plans designed to provide superior solutions for middle-market, self-insured employers. 

Our expertise enables us to recruit a network of influential doctors incentivized to care for patients in a way that is free of the administrative burdens of traditional health insurance companies.

Founded by a team of seasoned healthcare entrepreneurs, Vxtra Health collaborates and partners with local influential doctors to...

• Reduce avoidable cost 
• Improve care delivery strategies for middle-market, self-insured employers  

The result is a radically different experience for health plan members (employees) and doctors.

By partnering with only the best doctors, we create a different network user experience for employees and doctors alike. Our process and our systems eliminate the need for burdensome and costly pre-authorizations that impair care delivery and compromise the user experience. 

And by leveraging our technology, we deliver real-time, actionable data, to our team of VxtraCare^SM specialty care nurses. As a result, we provide personalized navigation and care management solutions in collaboration with our proprietary network of doctors. 

Primary Sources of Revenue

• Our management fees are determined based on the number of plan members (employees + dependents) covered by the employer’s health plan.

• Clients are billed and pay our fees monthly. (Zero slow pay or bad debt.)

Our competitors are big health insurance companies, and/or third-party administrators whose business models are tied to the provider network contracts owned by the big health insurance companies. Big health insurance companies are focused on maintaining their control position with large self-insured employers (10,000 – 100,000 employees) and government plans while third-party administrators are handicapped by low margins, old and inefficient technologies and their dependence on the provider contracts controlled by the big health insurance companies. The result is significant inertia in our target market (200 – 2,000 employees). 

Paradoxically our competition’s market penetration and success presents the biggest opportunity for us to disrupt our target market.

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Here’s more on what makes us stand out:

• Legacy Insurance Carriers: The major legacy insurance carriers will be perceived as Vxtra Health’s main competitors. However, the systems, processes and business practices of big health insurance companies are geared to service larger employers and government entities while overlooking the specific needs of Vxtra Health’s selected target market. This creates an opportunity for Vxtra Health to deliver better, more nimble, cost-effective solutions for the middle-market, self-insured sector.

• Large Employer Market Focus:  Multiple, well-funded health technology and concierge services companies have entered the market in recent years. Large employers are spending large amounts of money to bring value to the large health insurance company’s ecosystems. The value they are seeking and expectations for these operations are to help plan members leverage digital technology and on demand patient navigation services in reducing the challenges of selecting a provider - lowering out of pocket expense, and improving the health benefits experience.
  
  

• Multiple, well-funded health technology, concierge and navigation service offerings have entered the market in recent years. Large employers are spending additional money to curate the offerings of big health insurance companies’ networks and ecosystems. The objective of these services is to improve the process within the existing structure in exchange for lowering the out of pocket expenses for the employee.

We believe our differentiated strategy of “doctor-led” collaboration and engagement will be recognized for its value and will be eagerly adopted by employers, employees, and doctors alike. 

We have a clear path to profitability in our initial pilot markets that will position us to seek additional growth capital to exploit our early mover advantage.

Because we have a scalable and cost-effective business model that attracts and leverages a unique community of innovative doctors, our service offering will be attractive to well-capitalized and/or public companies that are focused on delivering solutions for large, self-insured employers.

Vxtra Health is led by a team of executives with strong domain expertise in both the provider and payer markets as well as transformative technologies. A balanced skill set that will enable us to cultivate deep relationships with medical leaders and self-funded employers across the United States.  

After a decade of intense consolidation, the health insurance industry’s “one-size-fits-all” approach has failed its stakeholders.

With doctors back on the forefront of care delivery, Vxtra Health believes our solution will provide better healthcare outcomes at a lower cost for self-insured middle-market employers.