New Beginning Health Technology System

Galite Valerie Rabi is a passionate, empathic, driven Belgian founder- CEO of "New Beginning"- a social impact healthcare venture that develops digital health clinics. 

She applies her expertise in innovation management to serve humanity's greatest challenge: developing affordable and accessible healthcare solutions, services, and facilities for 3.5 billion people, the vulnerable population in Developing Countries.

Previously, she served as a senior executive for global retailers, e-commerce (Europe, Asia, ME). She built and managed the largest mhealth platform of healthcare - technology leaders, worked for medical device - pharmaceutical companies, health providers. She is a mentor and advisor in various startups accelerator programs.

In 2019, She joined the Pears Challenge Program for Wash Humanitarian Innovation, trained in Social Impact Entrepreneurship at IDC Herzliya, and a Medical Intervention Specialisation for Humanitarian Crisis. In 2015, Galite Valerie Rabi won the Novartis Digital Health Award.

She is a Technion University and UAL London graduate.

There is a tremendous amount of innovation in all areas of our lives, yet 50% of the world population still lacks access to essential healthcare, according to the World Bank and W.H.O. This is due to a shortage of healthcare facilities, medical professional staff deficiency. 100 million people fall into poverty every year because of health expenses. 400 million people have NO access to primary care, the first line of defense for illness and injuries.

New Beginning’ Clinics will integrate digital health and medical devices for precise diagnostics and treatment, labs and radiology, health workers supervised by doctors (EU / USA standard), onsite affordable medicine, for primary care, women and child care.

New Beginning will elevate humanity by providing quality healthcare services, education training to its workers, decent workplace, reduce out-of-pocket expenses impacting poverty and inequalities, promote innovation, and sustainability.

I am deeply concerned about the 3.5 Billion people that have limited access or no access to healthcare according to the World Bank and the World Health Organisation. In urban and rural locations, people have limited access to services due to availability and financial issues in Developing and Developed Countries (Asia, Africa, LATAM, Islands, Mountains, remote locations).

Additionally, it is nearly impossible to provide accurate diagnosis and treatment for sickness and injuries with no labs and/or radiology (too costly), insufficiently trained health workers and no doctors. As a result, patients are often advised to go to public crowded hospitals in other cities, far from home, waiting days to weeks, delaying emergency and safe treatments. In these areas, medicine is often expensive and limited. 

During humanitarian crises such as COVID-19, this vulnerable population is more at risk. 

In Bangladesh, 18 thousand clinics serve 165 Million people.
These public health workers receive only 8 weeks of training. There are 30 types of medicine; the cost of a private primary care doctor visit can cost 7.2% of the monthly salary ($13/ $180 USD).

New Beginning is developing “Clinics” for the Low-Middle Income Population. Our Clinics are powered by innovative technologies, Health System Management Platform, Medical Devices, Digital Healthcare, Point-of-Care (POC) to provide accurate diagnostics, treatments and patient management. 

Our outpatient clinics offer in-person consultation with health workers supervised by doctors as we believe that “People need people” from an empathic approach. It is easier for patients to discuss their conditions when meeting a professional assisted by health IT, devices, and Artificial Intelligence. We will also include telemedicine services with existing patients for ongoing management and/or in the case of epidemics as Covid-19. 

We understand that regardless of the smartphone population worldwide (24% to 95% in 2019), many among our target population have limited resources, sometimes no smartphone, and limited “reading-writing” proficiency. Therefore the best care will come through our supportive and specially trained professionals. 

Our clinics are equipped with radiology equipment and labs (blood tests) for precise diagnosis. Once the diagnosis and treatment are determined, patients have access to medicine onsite at our pharmacies. This enables us to make sure that all drugs are safe and kept in the best conditions, unlike many developing countries where unsafe drugs are sold freely.

New Beginning is a For-Profit organization seeking to develop a sustainable impact. Our target demographic is the working middle class in developing countries. 

Galite Valerie, Founder, and CEO worked for many years in the field of fashion and textile before healthcare management and became knowledgeable of the export garment industry in Bangladesh. She is concerned about the welfare of female workers in Bangladesh, wants to reduce the gender gap and enhance their economic freedom. 

New Beginnings’ urban pilot population earns between $2 and $20 a day (Asia). The median age of the working class in Bangladesh is 27.6 years. 

Our clinics will address healthcare needs offering Primary Care, Women, and Child healthcare services and reduce the financial burden on families in Bangladesh.

The clinics are a Joint-Venture with local partners that help to understand and address the local constraints, cultural needs, and engage with the local population. We have made several onsite visits, spoken with health management experts as Doctors, NGOs, and the World Health Organisation.

We serve the low middle-income population that has limited/no access to quality, affordable healthcare services and facilities. 

We offer fair job opportunities and healthcare education programs for our workers to build local capabilities. 

Our clinics will reduce out-of-pocket health expenses that contribute to poverty. 

Our infrastructure and technology company aims to help establish sustainable cities and safer consumption. 

New Beginning is aligned with UN Universal Health Coverage and UNSDGs. 

We believe in tackling large problems with scalable, tested, and efficient solutions, improving diversity, generating autonomy, and elevating people to do good for their communities.

When I embraced the field of Digital Healthcare industry, I scouted technologies for several med-tech companies and distributors. I also worked as an innovation consultant for a large pharmaceutical company that thought to leverage digital healthcare with their supply of medicine, to assist in deploying more efficient services (NGO / Profit). This is when I realised my vision and idea of building smart clinics. 

This idea was made possible several years later when my father that works for decades with Bangladeshi partners in the textile industry, suggested my services to source medical equipment. 

Based on research from the World Health Organisation and World Bank, it seemed obvious that to address this complex need, required technology and efficient service. We chose to develop our model on some of the most efficient services available in Western Countries while developing and integrating health IT to deliver outstanding services. 

Together with our partners in Bangladesh, we chose  a Joint-Venture to develop a private healthcare service, best adapted to its population needs.

There are many factors that motivate me to build New Beginning and help me gather the courage to face adversities.

In 2015, I lost my mother to cancer. For over two years we battled the illness and I served as her bedside caregiver for months. I learned many lessons from this experience as the emotional and financial burden on families, the patient’s suffering, the pain of not finding adequate / available treatment, and the deficiency of the health system.

This influences and motivates me to challenge the status quo, to create mass market services that people enjoy, work with a highly experienced team, build an ethical company with humanism at an age of technological innovation, and diversity in setting a role model for fellow women entrepreneurs.

Making this world a better place for all its citizens, that’s what motivates me. In a world of conflicts, wars, religion, inequalities, we often forget that the same power that drives these issues have the power to create “Hope” for a better future, a long lasting effect, working on common good, and basic human needs. That is what New Beginning stands for.

As CEO and founder of “New Beginning”, I bring strong moral values, ethics, academic and applied management skills. Prior to launching this venture, I gained extensive experience in senior management where I was responsible for investments, budgets, product lifecycle, supply chain management, logistics, and marketing for global retailers. 

I led international negotiations with partners, global operations, and worked closely with CEOs to define strategies and daily operations. My efforts helped companies increase their profit, competitive advantage, brand leadership, and sustainability. I help build efficient teams through broad knowledge and strong work ethic.

I served as an industry expert mentor for a few tech Accelerators (MassChallenge), helping entrepreneurs/startups to define their go-to-market and business model strategies which helped them sign R&D manufacturing deals and raise millions in equity investments.

Through my advanced studies at the Technion and as leader of one of the largest health tech ecosystems I have developed an expertise in Digital Health, Telemedicine, AI, Wearables, and Medical Devices.

Additionally, I consulted many healthcare stakeholders: investors, pharmaceutical, medical devices companies and providers, sourced innovative technologies and supported tech innovation integration. 

In 2015 I received a Novartis Digital Health Award. 

Since 2018, I have been involved in Social Impact.I completed a Medical Intervention Specialisation for Humanitarian Crisis and joined the Pears Challenge Program for Humanitarian "WASH" Innovation. 

As a female CEO, I put my heart, creativity and integrity into this mission to provide quality healthcare services and set a triple bottom line company.

Building “New Beginning” requires a strong set of skills, endurance, and capital-funding. 

However, I recently experienced several issues. Firstly, VCs lack of interest in Social Impact focused companies, not seeing beyond their ROI metrics; then gender bias. My past experience as an exec working mostly behind the scenes did not prepare me for such discrimination. We started our “Round A” fundraising and some investors seemed highly enthusiastic about our health tech, ESG, and Asia Growth startup. But, instead of them focusing on our team, value proposal and product-market-fit, validation, investors would sadly flirt with me, and would not apply the same metrics they would with a man my age, experience and education, pitching to them! 

This sadly demonstrates the poor 4% venture capital investment in female lead companies. 

Bangladesh has proven to be an outstanding growth developing nation, where micro-loans reimbursement proved as a valid business model and where the hard working people proved their integrity, which motivate my choice for a pilot.

I therefore chose to persevere and seek grants, institutional investment funding, developing banks pilot funding, and other financing opportunities from investors that believe women too have what it takes to build unicorn companies.

I faced the most challenging time of my life in 2015 when my mother was sick with cancer. It is nearly impossible to define the trauma and pain of seeing the person I most loved, my best friend, affected by the complications of Bone Marrow Transplantation. We were living by the hour, not knowing what to expect. During that time, I was avoiding my friends and had to put my career and aspirations on hold. I served as a full-time caregiver, living with her in her hospital bedroom for a 5-month “quarantine”. In January 2016, I had no mother, no job, and fewer friends. 

However, I decided to invest all my energy into healthcare management.
I started helping someone organizing digital health events. By February 2016, we had organized the largest m-health conference with over 800 international c-level healthcare executives.

It took me a while to receive credibility in the healthcare industry, and months to find a job. I did a lot of pro-bono work and supported many startups before getting a consulting job at Teva Pharmaceuticals that inspired New Beginning. 

My experience has taught that by empowering others, we create a better future.

New Beginning Health Technology System is innovating in several dimensions. Our innovative system will impact the performance of healthcare delivery. First, our training will educate developing countries' populations, and enable them to seize a lifelong career opportunity in the healthcare industry. In doing so we increase the number of healthcare professionals in countries, addressing the global shortage, by providing safe and decent workspace. Second, we innovate by collaborating with existing healthcare systems providers and partners to leverage their medical expertise in developing more accurate diagnoses and treatments. Third, we provide an opportunity to many highly innovative med-tech health IT companies, to enter new markets and extend their solutions in remote locations that are not traditional with their growth strategies usually focused on Europe and the USA. Many industry giants have invested heavily in wellness, healthcare development, and acquisition to enlarge their core business offering and services, to increase their profit and to collect more data. They are not healthcare service providers but see ways to build partnerships with them. We innovate by developing and bringing to market a turn-key solution, reliable, accountable healthcare in our out-patients clinics as in our remote telemedicine services, not just a smart app, but a comprehensive service. Additionally, we innovate by rethinking our value chain, empowering local / international suppliers and manufacturers, providing them opportunities to grow and expand their business as our suppliers (ex: medical supplies). Lastly, we take seriously our engagement to align our company's daily activity with many UNSDGs, guidelines, and KPIs.

Our company directly and meaningfully serves two categories of people: the patients, clients of our healthcare facilities, and our staff working for us. 

New Beginning is committed to job creation, local capability building, education programs to provide decent job opportunities  (technology, medical, marketing, logistics, medical supply, HR, nurse, health workers, training, accountants, CPA, management and more kinds of positions.).

In year one, As we currently are in an R&D / Pilot stage, in one year, our team will comprise up to 15 people plus external expert consultants. 

In five years, based on our estimation, we will be able to serve 1 Million people - patients during our 1st pilot year of launching our clinics (2021). Our companies will serve many other people through external service and product providers, partners, employing and serving thousands to millions of people (Manufacturers / Suppliers / pharmaceutical / medical device / Tech, Pharma, Teleco, Insurance / Infrastructure / Building / More). 

Within the next year, our pilot stage, we hope to raise funds and hire a team of experts, ready to be onboard. With our medical team, we will establish the protocols, aligned with regulations and do due diligence on the medical devices/ health IT solutions; prepare the health workers training program and look for academic partners. Our IT Team will integrate and develop a turn-key solution. Our legal team will complete licensing agreements, IP patent registrations, and JV. Our marketing team will complete brochures, education, internal and external communications. Our business development team will complete partnerships with pharmaceutical, medical equipment and look for donations for the pilot. Our management team will work closely with social impact advisors to prepare a set of goals, methods, and measurements. Lastly, our clinic design team will work with service providers as architects, interior designers, logistics, engineers, and workers to develop our infrastructures.

Within five years, we will have 70 clinics operating in one country or more. We will employ 5000 people and serve at least 18 million people. We will have about one hundred technology company partners to assist our doctors and health workers to serve the population more efficiently. Our clinics will save the out of pocket expenses by 50% for primary care, women, and child health. Our healthcare prevention program will demonstrate a reduction of maternal mortality, preventable deaths of newborns and children under 5 years of age. Healthcare Prevention programs will be accessible for all workers and their families.

In The next Year:

• Financing: Raising Capitals for IT, Operations, Infrastructure. 

• Regulatory / legal: - As we are using very innovative technologies, medical, healthcare which usually means regulatory issues - IP, Licensing Management are other important issues 

• Integration of Culture & Language in System: International cross-cultural team will have to overcome the language / cultural barrier, as we provide in-person consultation service. We see it as highly important to successfully provide care and develop health prevention measures.

• IT integration: Our system is integrating various IT Solutions, medical, AI, BI, cybersecurity, and management in order to deliver our services. 

• R&D: We have yet to develop some of the IT/AI solutions and test their algorithm 

• Traction: Post pilot launch traction

• Operation: complex operation of IT, team, geographies as higher talented and capable staff

• Infrastructure: water, electricity, internet, transport, other,

In The next Five Year:

• Business Model - Pricing: Validation: Making sure we remain sustainable, covering our operative costs 

•  Growth Strategies: Expand in different countries/location and adapting model-price-culture while delivering the same and higher quality healthcare

• Partners: increase our partnership with as many stakeholders as possible

• B2G: Collaborating with local government/health ministries in supporting their healthcare agenda

• Competition: Facing bigger and most powerful competitors, mitigating direct competition

• Keeping our values and integrity while growing

In the next Year:

To overcome our financial barriers we will look for institutional and Impact investors and Grants. Next to help with regulatory we will use FDA - CE Devices EU/USA / Health Ministry Standards. Experienced team will be in charge of legal, IP, Licensing agreements. To best adapt/develop our system we will work closely with local partners, local hired to assist with culture and language. We will hire an experienced CTO and IT team, outsource if possible to integrate IT R&D. For traction we will prepare a consumer-centric go-to-market “engagement” strategy. For operation we will defining roles, responsibility according to roadmap with KPIs, reporting and auditors to  deliver and improve (lean up startup method). Lastly, we will launch our pilot in an urban area to reduce infrastructure barriers.

In The Next Five Year:

To overcome profitability break even barriers we develop a frugal business model with margin for error and different sources of revenues. We are hopeful that the global economy will resolve in the next 5 years (covid19). For our growth strategies, our pilot KPIs will demonstrate medical efficiency, and cost-saving (out-of-pocket as government); we hope to expand to more markets through JV and development agencies collaboration (Africa, LATAM). To boost partnership we will pursue our win-win profitability value, and demonstrate the viability to grow a long term collaboration with us. Lastly, to keep our values and integrity while growing, we will integrate our values values in the HR, operating - monitor process from day 1.

We have started establishing partnership opportunities with healthcare providers and medical teams. We have met with Aid Agencies (Developing Countries) to validate our pilot and to forge partnerships (expertise, funding, skills). We have initiated licensing opportunities with several digital health companies. We are engaging with several female entrepreneur ecosystems. We are members of an NGOs that address the humanitarian needs in developing countries (Society of International Development) where we meet fellow organizations and private companies aligned with our values, organize think tank discussions revolving around innovation - scarcity - issues and deliverables in various markets and regions around the world.

New Beginning Health Technology System is a for profit private, social impact healthcare venture. 

 Our initial "business model" is based on B2C revenues.
 As we start our pilot, we will generate revenue from serving patients - families, the working class, low-middle income population in Developed and Developing Countries. The pricing is based on the market average monthly salary of a full time worker to cover operative costs, mostly.

In the medium term, we will seek to B2G revenues to cover costs for services provided and covered by National Healthcare Baskets, if/when we serve as a local partner. 

Once New Beginning’ Clinics will demonstrate its system efficiency, we will be able to partner with NGOs and Foundations, to receive donations from philanthropes that want to directly impact the inequalities and improve the healthcare challenges of the vulnerable populations. 

Our long term business model comprises several streams of revenues for healthcare services, pharmacies, technology, and b2b services.

We are currently raising funds through equity investment, debt investment, sales of medical equipment - health IT, donations and Grants to finance our Pilot development.

The initial costs are important (R&D, IP Legal, Team capability building and infrastructure). As we grow, the price per unit (clinic) will decrease importantly and We may reach break-even within two years of launching our pilot.

As we grow  and scale our operative cost will decrease and we will be profitable by year 3.

We will need to raise more investment to scale our system, as any tech company and expect further round of investment after our pilot / Round A.We are in a blue ocean strategy positioning and the scalability opportunity is huge as the existing need for such facilities and resources.

Our ROI is based on donations, B2C, B2B and B2G revenues. 

We have raised seed funding from one private angel investor.
It is an equity investment.

We currently seek 1 million USD in convertible note equity funding to finalise our next year milestones. 

This will help us determine precisely the amount we still have to raise already estimated at $10Million USD.

We are seeking to fund this milestones - pilot by grant, debt or equity to to launch our pilot - prototype, several clinics in one region of Asia,and cover its operative costs until we can fully measure all KPIs based on Impact Metrics.

Our burn rate is estimated to be $1 Million USD / Year 1, and then grow to up to $2 Million USD / year in pilot stage.

(R&D, Technology, Medical and Marketing and Management in Pilot Stage).

To build our system, we believe that  the Elevate Prize professional management, mentorship,  capacity building and connection can help us tremendously in improving our model and build strategic partnership.
We want experts to grow with us and be part of our journey to do good in this world. 

We didn't make any media campaigns and understand that this can be very helpful in attracting partners, donors and foster collaboration with other businesses and organizations. 

As funding is key for us, the Elevate Prize grant will also validate our solution and leadership, a woman CEO, and help us with some private investors we met that still look for external expertise. 

We came across the Elevate prize that summarize many of the values, leadership small and big role that Galite Valerie Rabi took in so many projects but especially when founding New Beginning Health Technology System and its futuristic Digital Health Ai Powered Clinics.

Building Health Clinics for LMIC countries is a big challenge for any CEO, and it takes a leap of faith, problem solving, ethics, much drive and skills to create as to convince other experts - advisors and team - to come onboard on this journey.

The Elevate Prize will help us get recognition for all the involvement made until now, support in funding and management to reduce many of the entry barriers, as to foster collaboration across countries, borders, skills and know-how.

We are keen to develop several streams of partnerships such as working with Med Tech and IT companies and integrating their solutions in our clinics, JV partners for new markets, medical / pharma supplies, academia for education capability trainings and experts that will want to work with us in the deployment and growth of our company.

We see a lot of value in working with International Humanitarian and Developing Agencies, as they have a lot of experience and are aligned with our mission to assist the vulnerable population.

We also look for doctors and nurses associations that want to be part of international healthcare missions and participate in humanitarian programs at our clinics

We are looking for R&D partners to develop some of our technologies.

We look for suppliers in sustainable, energy, water and sanitation industries to reduce pollution and implement smart consumptions