Telemedicine and online prevention


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Telemedicine and online prevention
Medical consultation and telemedicine platforms that allow underserved communities to receive remote medical prevention services
SectorMost major industry classification systems use sources of revenue as their basis for classifying companies into specific sectors, subsectors and industries. In order to group like companies based on their sustainability-related risks and opportunities, SASB created the Sustainable Industry Classification System® (SICS®) and the classification of sectors, subsectors and industries in the SDG Investor Platform is based on SICS.
Health Care
Health Care Providers
Business Model Description

Allow medical consultation and telemedicine to underserved communities to receive remote medical services, sold to consumers through a dynamic, per-user model that allows not only for external consultation but first care Q&As with information available coordinated with Insurance Providers, Health providers, and MinSalud

Expected Impact

This initiative intends to provide medicine to underserved communities as a remote medical service to prevent treatable diseases.

Indicative ReturnDescribes the rate of growth an investment is expected to generate within the IOA. The indicative return is identified for the IOA by establishing its Internal Rate of Return (IRR), Return of Investment (ROI) or Gross Profit Margin (GPM).
> 25% (in IRR)
Investment TimeframeDescribes the time period in which the IOA will pay-back the invested resources. The estimate is based on asset expected lifetime as the IOA will start generating accumulated positive cash-flows.
Medium Term (5–10 years)
Market SizeDescribes the value of potential addressable market of the IOA. The market size is identified for the IOA by establishing the value in USD, identifying the Compound Annual Growth Rate (CAGR) or providing a numeric unit critical to the IOA.
> USD 1 billion
Average Ticket Size (USD)Describes the USD amount for a typical investment required in the IOA.
USD 500,000 - USD 1 million
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Good health and well-being (SDG 3) Industry, Innovation and Infrastructure (SDG 9)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
No Poverty (SDG 1) Industry, Innovation and Infrastructure (SDG 9)
Case Study: Colombia: Online healthcare platform
Case Study: Colombia: Telemedicine and medical imaging
Sector Sources
  • 1) DNP (2017) – Plan Nacional de Desarrollo (2018 – 2022) 2) CONPES 3918. 2018. Estrategia para la Implementación de los Objetivos de Desarrollo Sostenible en Colombia. Accessed May 22nd 2020 3) Minsalud (2019) – Cifras de aseguramiento en Salud. Accessed May 30th 2020 4) Ewa|Portfolio companies: Accessed February 8th. 5) EMIS (2020) Colombia Pharma & Healthcare sector 2020/2021 6) MinSalud (2016) Mention of excellence by 37 IPS 7) Fortune Business Insights (2019) Telehealth Market Size, Share & Covid-19 Impact Analysis 8) (2017) Cost-Benefit Analysis of Telemedicine Systems/Units in Greek Remote Areas 9) Private Equity News (2020) Idinvest sells German telemedicine start-up delivering 40% IRR 10) MinSalud (2016) Health Profile of Indigenous People and inequality measurement 11) Global Data System (n.d) 3 Ways Telemedicine Makes Healthcare More Effective and Efficient 12) UNICEF (2020) Update on UNICEF humanitarian action: the 2019 coronavirus disease pandemic
IOA Sources
  • 16) Acemi (2013) – Cifras e indicadores sistema de salud. Accessed June 29th 2020 17) Robeznieks (2019) - How telemedicine helped this health system’s patients avoid the ED. Accessed June 29th 2020 18) Teladoc (2019 – Telehealth impressive ROI. Accessed June 20th 2020 19) DNP (2017) – Plan Nacional de Desarrollo (2018 – 2022) 20) Velásquez (2019) – Parámetros para la Telemedicina en Colombia. Accessed June 23rd 2020 21) Ley 1419. 2010. Accessed June 21st 2020 22) Gobierno Digital (2019) - Teletropic, plataforma de acceso web para prestar servicios de telemedicina tropical. Accessed June 22nd 2020 23) Colciencias (2014) - Convocatoria para el fortalecimiento de los nodos de innovación en TIC. Accessed June 15th 2020 24) Cision (2019) - Telemedicine Adoption Grows Strongly in Latin America. Accessed June 10th 2020 25) Accesed June 2020. 26) National Planning Department (2019) - 2030 Agenda in Colombia 27) National Quality of Life Survey - Amazon (2019) DANE 28) National Quality of Life Survey - Caribbean (2019) DANE 29) National Quality of Life Survey - Pacific (2019) DANE 30) Department Development Plan - Amazonas (2019) Gobernacion del Amazonas 31) National Quality of Life Survey - National (2019) DANE 32) MinSalud (2017) Decree 1848 of 2017 33) MinSalud (2012) Ten-year Public Health Plan 2012-2021 34) ConsultorSalud (2020) National Rural Health Plan 35) Opinion y Salud (2019) Law 1943, Financing Law 36) DNP (n.d) Health for Everyone: National Development Plan 37) IADB (2016) Impact of Early Stage Equity Funds in Latin America