EMAIL DETAILS

Reserving 202-446-0487 PIN 333188# for anyone who needs to dial in.


On Thu, Mar 20, 2014 at 11:39 AM, Sebastian Momtazi <
smomtazi@rosemontseneca.com> wrote:

> Hi Katie,
>
> I've blocked off the large conference room from 9:30 to 1pm so let's shoot
> for the AM.
>
> Thanks,
>
> Seb
>
> From: "kdodge@rosemontseneca.com" <kdodge@rosemontseneca.com>
> Date: Thursday, March 20, 2014 11:36 AM
> To: William Lee <will@rstp.com>
> Cc: John DeLoche <jdeloche@rosemontseneca.com>, "hbiden@rosemontseneca.com"
> <hbiden@rosemontseneca.com>, Neil Callahan <ncallahan@rosemontseneca.com>,
> Devon Archer <darcher@rosemontseneca.com>, Rob Walker <
> rwalker@rosemontseneca.com>, Sebastian Momtazi <
> smomtazi@rosemontseneca.com>
> Subject: Re: perowan@gmail.com sent you an article from Boston Business
> Journal
>
> Hi Team -
>
> The call for tomorrow is settled as you know.
>
> As for the meeting in New York, Ido can meet in NYC on the 27th at 1:30PM
> or earlier - can this work? Also he could be available in NYC on Friday the
> 28th in the morning.
>
> Please let me know what works for you. Thanks.
>
>
> On Thu, Mar 20, 2014 at 8:14 AM, William Lee <will@rstp.com> wrote:
>
>> Hi Katie,
>> Thanks for trying to arrange this. It seems like all we need is to have
>> Jim the CFO to walk us through some of the financials and the company
>> model. If possible, we would like to have the call on Friday pacific
>> morning. This could really help us on getting the memo out.
>> Thanks,
>> Will
>>
>> William Lee
>> Rosemont Seneca Technology Partners (RSTP)
>> Sent from my iPhone
>>
>> On Mar 19, 2014, at 8:15 PM, Katie Dodge Rosemont Seneca Partners <
>> kdodge@rosemontseneca.com> wrote:
>>
>> They were unable to confirm Friday. That is why I was working with March
>> 26-28 dates. I assume this work and research still needs to happen so
>> proceed. But still working the schedule. I will keep you posted.
>>
>> -- Katie Dodge
>> Rosemont Seneca Partners
>> 202-333-1880
>>
>> On Mar 19, 2014, at 7:24 PM, William Lee <will@rstp.com> wrote:
>>
>> In preparation for the call with Ido on this Friday, I would like to
>> request Ido to grant us access to their financial model in spreadsheet
>> form. So we can begin playing around with their assumptions to understand
>> better what RSTP's base case should be for our investment. This would help
>> facilitate our discussion on Friday. The AW deal memo is in the works, we
>> have potential LPs asking for it. The goal is to have a first draft by end
>> of the week, discuss it on our Monday IC call, and ship it externally early
>> next week.
>>
>> -Will
>>
>>
>> On Mar 19, 2014, at 7:24 AM, John DeLoche <jdeloche@rosemontseneca.com>
>> wrote:
>>
>> Katie,
>>
>> Will, Neil and I are available from 11am to 2pm ET on Friday for the
>> call.
>>
>> Thanks,
>>
>> John
>>
>> Sent from my iPhone
>>
>> On Mar 19, 2014, at 9:22 AM, Hunter Biden <hbiden@rosemontseneca.com>
>> wrote:
>>
>> Katie-
>> Could you pls arrange a call with Ido letting him know I will be
>> traveling but it's important we get the ball rolling here- so do the call
>> w/o me. Thx
>>
>> RHB
>> 202.333.1880
>>
>> On Mar 19, 2014, at 9:57 AM, William Lee <will@rstp.com> wrote:
>>
>> Friday AM Pacific would be the best. But Hunter, I think you will be on
>> a flight to SF though. Hope your oral surgery went well.
>>
>> -Will
>>
>> On Mar 19, 2014, at 6:51 AM, John DeLoche <jdeloche@rosemontseneca.com>
>> wrote:
>>
>> Friday am PT this week would work for me for a call. Still finalizing
>> schedule for next week but let's schedule a face to face too.
>>
>> Sent from my iPhone
>>
>> On Mar 18, 2014, at 10:12 PM, Hunter Biden <hbiden@rosemontseneca.com>
>> wrote:
>>
>> Let's coordinate a call w/ Ido for this week and also schedule a time for
>> you guys to meet with him and his team when you are in NYC next week.
>>
>> RHB
>> 202.333.1880
>>
>> On Mar 18, 2014, at 8:02 AM, John DeLoche <jdeloche@rosemontseneca.com>
>> wrote:
>>
>> I'd like to do a call on their financial model and projections
>> assumptions. I could so this Friday am PT.
>>
>> Also want to discuss their strategy and pipeline for adding more payers
>> to the network and the competitive landscape in more detail.
>>
>> Do we know how much they are raising? Could we sign a term sheet for
>> 25-50mm that we would fill?
>>
>> We have a ton of tier 1 LP discussions taking place right now and this
>> could be a way to get more high quality LPs in the deal and the fund.
>>
>> Best,
>>
>> John
>>
>> Sent from my iPhone
>>
>> On Mar 17, 2014, at 11:14 AM, Hunter Biden <hbiden@rosemontseneca.com>
>> wrote:
>>
>> I was thinking the same thing- all good questions for Ido. Let's do a
>> call later this week to discuss what we would like answered by these guys
>> before we consider an investment.
>>
>> RHB
>> 202.333.1880
>>
>> On Mar 17, 2014, at 11:48 AM, William Lee <will@rstp.com> wrote:
>>
>> Telemedicine is here to stay and it will grow. I'm also wondering how
>> much demand is coming from the weekend recreational meds (Viagra, etc),
>> which is a huge market itself. That can definitely drive more demand for
>> telemed.
>>
>> William Lee
>> Rosemont Seneca Technology Partners (RSTP)
>> Sent from my iPhone
>>
>> On Mar 17, 2014, at 7:59 AM, Hunter Biden <hbiden@rosemontseneca.com>
>> wrote:
>>
>>
>>
>> RHB
>> 202.333.1880
>>
>> Begin forwarded message:
>>
>> *From:* refertofriend@bizjournals.com
>> *Date:* March 17, 2014 at 10:12:05 AM EDT
>> *To:* rhb@rspdc.com
>> *Subject:* *perowan@gmail.com <perowan@gmail.com> sent you an article
>> from Boston Business Journal*
>> *Reply-To:* perowan@gmail.com
>>
>> If you are having trouble viewing this email, click here<http://www.bizjournals.com/email/web-view/MTYyMzYxMzAx?ana=&m=boston>
>> [image: Boston Business Journal]<http://www.bizjournals.com/boston/?ana=e_article>
>>
>> This article was sent to you by perowan@gmail.com:
>> Sender's comment: FYI
>> American Well rides ObamaCare telehealth wave<http://www.bizjournals.com/boston/blog/health-care/2014/03/american-well-rides-obamacare-telehealth.html?surround=etf&ana=e_article>
>>
>> *Published: March 14, 2014*
>>
>> Boston-based telehealth company American Well has doubled its number of
>> health insurer and hospital partners over the past year, and has gained
>> 100,000 users of a new mobile app in its first three months on the market.
>> The company added about 35 workers in the past year, for total headcount of
>> 150, with most employees based in the company's Financial District
>> headquarters.
>>
>> The company, which launched in 2007, started out as a technology provider
>> giving health plans, doctors' groups and hospitals the ability to allow
>> their patients and doctors to connect remotely through video screens. Over
>> the past two years, the company has evolved to provide a turnkey telehealth
>> product for some clients, by building its own doctors' network including 50
>> doctors on staff, and another 1300 nationwide who are available on a
>> per-call basis. Now the company has a direct-to-consumer play with its
>> newly-launched iPhone and Android apps.
>>
>> "We never anticipated how dramatic the uptake would be, but it seems that
>> health care protection as an asset on your phone seems to resonate," CEO
>> Roy Schoenberg said. "There's a common sense element, if you are hit by a
>> car or you have chest pain, you are not going to go and download an app,
>> but for things like rashes, bronchitis, urinary tract infections,
>> migraines, it makes sense."
>>
>> Schoenberg said he'd like to say the company's growth is because of its
>> superior technology. In reality, he said, he has the federal health reform
>> law to thank, especially for the quick uptake of the consumer app.
>>
>> "It's a byproduct of the 2014 implementation of the ACA - it's hard to
>> find a PCP and many patients have high-deductible plans," Schoenberg said.
>> He said that with more skin in the game, patients are becoming more
>> proactive about their health.
>>
>> The price per telehealth visit is $49, versus potentially at least twice
>> that much for an in-person doctor's visit, if paid out of pocket. Under
>> ObamaCare, preventive care "well visits" are free and not subject to
>> deductibles. But for patients with chronic health conditions, visits to
>> tackle a "problem" would be subject to deductibles, which for the typical
>> Bronze (lowest-premium) health plan in Massachusetts, are typically $2,000
>> per individual or $4,000 for a family. And Schoenberg says it's this group
>> that is increasingly accessing telehealth.
>>
>> "Increasingly we are seeing people who are not looking for a diagnosis,
>> but more to better manage a chronic condition like diabetes, get continuing
>> care, and come up with the next steps," he said.
>>
>> The company's technology abides by health care privacy laws, uses
>> financial institution-level security encryption and has a mechanism to
>> automatically cover each doctor with medical malpractice insurance.
>> Schoenberg said the company has never been hit by a medical malpractice
>> lawsuit, in part because the company is careful to lay out the limitations
>> of the service.
>>
>> American Well's clients include insurers UnitedHealth Group, Wellpoint
>> and several Blue Cross plans. Schoenberg declined to disclose revenue for
>> the company, which is privately-held.
>>
>> View full article<http://www.bizjournals.com/boston/blog/health-care/2014/03/american-well-rides-obamacare-telehealth.html?surround=etf&ana=e_article>
>> (c) 2014 American City Business Journals Inc. All rights reserved.
>> [image: bizjournals digital network] <http://www.acbj.com/>
>>
>>
>>
>>
>
>
> --
> *Katie Dodge*
> Executive Assistant/ Office Manager
> *Rosemont Seneca Partners*
> *1010 Wisconsin Ave., NW, #705*
> *Washington, DC 20007*
> *202-333-1880*
>


--
*Katie Dodge*
Executive Assistant/ Office Manager
*Rosemont Seneca Partners*
*1010 Wisconsin Ave., NW, #705*
*Washington, DC 20007*
*202-333-1880