nishith chasmawala mit - emtech conference march 8, 2010 tr35

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1 Nishith Chasmawala MIT - EmTech Conference March 8, 2010 A novel way to manage fecal incontinence that: - improves clinical outcomes -reduces operating cost of hospitals

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Page 1: Nishith Chasmawala MIT - EmTech Conference March 8, 2010 TR35

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Nishith ChasmawalaMIT - EmTech Conference

March 8, 2010

A novel way to manage fecal incontinence that:- improves clinical outcomes-reduces operating cost of hospitals

Page 2: Nishith Chasmawala MIT - EmTech Conference March 8, 2010 TR35

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Fecal Incontinence

Fecal incontinence is a neuro-muscular disorder that causes the loss of anal sphincter control, leading to the unwanted or untimely release of feces or flatus.

Confidential

Page 3: Nishith Chasmawala MIT - EmTech Conference March 8, 2010 TR35

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58% of ICUs 10% of Psychiatric Wards33% of General Wards

10% of LTCHs 46% of SNFs Home

16.5M patients or 140M bed days$2.8B US Market

Ref: Clinical Evaluation of a Flexible Fecal Incontinence Management System: Padmanabhan A, Stern M, Wishin J, Mangi M

Where are these patients?

Confidential

Page 4: Nishith Chasmawala MIT - EmTech Conference March 8, 2010 TR35

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Management OptionsAd

ult

Dia

per

In-d

wel

ling

Cath

eter

Dermatitis Maceration

NecrosisSphincter Dysfunction

Feca

l Co

llect

or

Denuded SkinDislodgement

…pain points

Confidential

Page 5: Nishith Chasmawala MIT - EmTech Conference March 8, 2010 TR35

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Who is the Technology Review Audience?Clinical Complications and Health Economics

Confidential

– Costs $ 10K /patient to manage FI in hospital

– Requires 25% of nursing time

– Length of stay increases by 4.8 days

– 22 times more likely to acquire bedsores

– Mortality rate increases by 7%

– Second leading cause of admission to nursing homesRefs: Incontinence in institutions: costs and contributing factors; Borrie M J, Davidson H A Commercial Bowel Catheter Systems Fecal Containment in Bedridden Patients: Economic Impact of 2 Commercial Bowel catheter systems: Kowal-Vern A, Poulaskidas S, et al

Page 6: Nishith Chasmawala MIT - EmTech Conference March 8, 2010 TR35

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Who is the Technology Review Audience?Product and Value Proposition

Confidential

– Developed for all stool types and sphincter tones

– Easy and hygienic to use: profile and placement

– Reduces nursing time (leakage and dislodgement)

– Minimal training required

– Eco-friendly design

Page 7: Nishith Chasmawala MIT - EmTech Conference March 8, 2010 TR35

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Confidential

Successful ‘First-in-man’ safety and efficacy study completed at AIIMS.

Thank You