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TeraCare & Tera Corp

Confidential Investor Pitch Deck

Confidential Version 2.0 July 2026
Dr. Ben Paolo C. Rabara
Founder & CEO
benrabara@gmail.com
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01 · Orientation

A comprehensive home health platform, starting with physical therapy.

One recovery plan. One accountable team.

TeraCare is a comprehensive home health platform, starting with physical therapy. We manage a patient's full recovery so families don't have to hire and coordinate different specialists on their own.

"A freelance therapist sells a visit. A traditional clinic sells a session. TeraCare manages the entire recovery."

02 · The Problem

Doctors are available.
A clear plan is not.

After a stroke, surgery, or major injury, patients often go home without a clear plan for how to get better.

The Disconnect

No one is in charge of the whole recovery.

  • The hospital manages the admission.
  • The doctor gives medical advice.
  • The therapist provides individual sessions.
  • The caregiver handles the patient’s daily needs.
The Family Burden

The family is forced to manage everything.

  • They must find a therapist and check qualifications.
  • They arrange schedules and repeat their story to every new doctor.
  • They try to judge whether the patient is improving.
  • They find a replacement when the therapist is unavailable.
  • They decide what to do when recovery slows down.
Origin Story

“I am a rehab doctor. Two years ago, a patient’s family begged me to send a therapist to their house because their father couldn't make it to the hospital for his sessions. When I looked at the options available, I realized the entire home-care industry was fundamentally broken—because if I were in their shoes, I’d be completely overwhelmed trying to figure out where to start and who to trust for my own father.

Even if I searched for a therapist on their behalf, I had to manage all the coordination myself—checking availability, confirming they’d accept the job, matching their skills to the patient's condition, and ensuring the quality of care met clinical standards. It was my medical reputation on the line for a process I couldn't control.

So, I built TeraCare.”

DR
Dr. Ben Rabara, MD
Founder & Clinical Architect
03 · Market Opp.

The Gap in Care.

Families do not just want physical therapy. They want someone to take over the heavy burden of managing the recovery.

Who Needs This Most?

Patients with a sudden crisis

The Current Problem

Right now, families only have two bad choices: a clinic they cannot travel to, or a freelance therapist working without a doctor's supervision.

What families actually need

Opportunity
Someone to take care of it

Our Solution

We don't sell hours of PT. We sell a doctor-led program that takes full control of the patient's recovery from start to finish.

🎯

Why This Works Quickly

Low volume, high margin
🌊

No dominant player

No dominant incumbent
04 · Market Data & Avatar

A growing market.

The rehab market in the Philippines is growing as the population ages. Patients facing a sudden medical crisis are willing to pay for a clear solution.

A measurable regional rehabilitation need

755,550

Residents across three proposed launch and expansion corridors

≈4,260

Estimated higher-severity difficulty walking or climbing steps

≈1,450

Estimated unable to walk or climb steps (home-first proxy)

Corridor Population Elevated-Need Pool
Vigan 191,443 ≈1,079
Candon 220,429 ≈1,243
Ilocos Norte (Urban) 343,678 ≈1,938
Total 755,550 ≈4,260

At 300–600 paid episodes annually, TeraCare would serve approximately 7–14% of the estimated higher-severity mobility pool across its proposed three regional corridors.

*Source: 2024 PSA LGU counts and 2020 PSA functional-difficulty statistics (Region I rate: ~0.564%). These are prevalence proxies, not diagnosed annual demand.

Our Target Customer

1

Who pays?

Middle-class adult child or spouse
2

Are they desperate?

Yes, it's a sudden crisis
3

Will they pay?

A segment will pay

National Macro Trends

PT Services Growth

16.3% CAGR

PH Market by 2030

₱7.4B+

PhilHealth Transparency Portal Top 5 RVS Packages showing Physical Therapy at Top 4 with 11 Billion Pesos claimed
Hard Proof of Demand & The Untapped Gap

Future Reimbursement Upside

Current Rank

Top 4

Out of all PHIC procedures despite zero visibility.

Read the thesis →

The Gap

Home Care
The Advantage

Read the thesis →

The Unit Economics (Per Session)

Hover for math

Top-Line Revenue

₱1,375 Current (₱11k/8 sessions)

Target: With PhilHealth

₱1,911 Claim (Net of ₱3.6k PF)

Net Margin

₱375 Current

Target Net Margin

₱1,048 (2.8x Increase)

05 · Timing

Why Now.

Three things are happening at the same time.

1. The Home Care Shift

Since the pandemic, patients now expect medical care to come to them.

2. An Aging Population

The number of elderly people needing rehab is growing faster than hospitals can build new clinics.

3. Software Changes the Economics

Software now handles the admin work that used to require a large coordination team. Our operating costs are lower than any clinic built five years ago.

06 · Value Proposition

Why Patients Choose Us.

A clear rehabilitation plan from a doctor, carried out by a physical therapist in your home.

How We Create Value
Great Care × Confidence × Comfort
Cost + Time + Effort + Stress

What we provide

01

Safe and Trusted

Our rehab doctors manage everything.

02

Clear Answers Immediately

The first doctor visit gives instant relief.

03

Care adapted to their home

We adapt our care to the patient's actual home.

What we remove

No coordination burden

We handle the doctor, the therapist, the schedule, and training the family.

Faster start to recovery

By bringing care to the home, patients start getting better in days, not weeks.

No guessing

Families do not have to navigate the medical system alone.

07 · Competitive Advantage

The New Standard in Rehab.

We acknowledge the strengths of existing alternatives while delivering a structured, physician-led pathway.

Decision Factor TeraCare Solo Freelancer Hospital Rehab Family Care
Lowest Cost Mid-Market (~₱1,375) Low (₱800–₱1,000) Premium (₱2,000+) Free (Winner)
Institutional Trust Building Personal relationship Established (Winner) N/A
Clinical Oversight Physician-led (Winner) Limited backup Physician-led (Winner) None
Care Location Home & Clinic (Winner) Home only Clinic only Home only
Caregiver Training Structured (Winner) Inconsistent Limited Inconsistent
08 · The Process

The 9-Step Recovery Pathway.

We don't just send a therapist. We manage the entire recovery.

Step 1
In-clinic assessment

A rehab doctor checks the patient, finds the exact problem, and sets clear goals to start recovery safely.

Step 2
Written Recovery Plan

A simple, easy-to-understand roadmap given to the family outlining goals and schedule.

Step 3
Assigned therapist

One primary therapist for continuity, accountability, and stronger trust.

Step 4
Home-based assessment

Checking the actual home for risks like bed height, stairs, and bathroom access to ensure safe movement.

Step 5
Structured sessions

Following the doctor's plan with a focus on walking, gaining strength, and improving daily movement.

Step 6
Caregiver training

Teaching families how to help the patient move safely and prevent falls, making recovery faster.

Step 7
Meaningful tracking

Tracking real progress: how far they can walk, if they can use stairs, and if they can move independently.

Step 8
Escalation pathway

If the patient stops improving, the therapist alerts the doctor immediately to adjust the plan.

Step 9
End-of-plan summary

A clear report of what was achieved and what the patient should do next.

09 · The Offer

What ₱10,999 buys.

One complete 8-session home rehabilitation program (physician assessment billed separately). Delivered seamlessly. Nothing to coordinate.

What the patient gets

  • 1

    Physician assessment at the clinic (Billed separately)

    A rehab doctor examines the patient, finds the exact problem, and writes a clear recovery plan.

  • 2

    8 home therapy sessions

    One dedicated therapist, same person every visit, following the physician's written plan.

  • 3

    Home environment assessment

    Therapist evaluates the actual home: bed height, bathroom access, stairs, transfer routes.

  • 4

    Family caregiver training

    Safe transfers, fall prevention, and daily exercise guidance so progress continues between visits.

  • 5

    Digital home exercise program

    Personalized exercises accessible on any phone, updated as the patient improves.

  • 6

    End-of-program summary

    Written report of goals achieved, sent to the family and the referring physician.

Full Package Price

₱10,999

8 sessions · ~₱1,375 per session

Compare to alternatives

Hospital PT (per session) ₱2,000–₱2,500
Freelance therapist (per session) ₱800–₱1,000
TeraCare (per session) ~₱1,375

What sets this apart from a freelancer

  • Physiatrist-led, collaborative care plans
  • Same therapist every visit
  • Escalation to physician if needed
  • Family is trained and supported
  • Written summary at the end

Note: The ₱1,000 physician assessment is billed separately at the clinic visit.

11 · Go-To-Market

How We Get Patients.

1

Search visibility

We use paid ads to find families right when the patient leaves the hospital.

2

Fast response

When a family messages us, our team replies instantly to book a doctor's visit.

3

Doctor Referrals

We provide clear plans, so doctors keep sending us patients.

12 · Traction

Early paid demand at attractive preliminary acquisition cost.

₱2,846 in Meta advertising generated a highly defensible initial funnel.

158

Messaging Conversations

18

Attended Consultations

(Attributed to Facebook)

4

Home-Rehab Packages Sold

Preliminary funnel economics

Media cost per attended consultation ₱158
Consultation-to-package conversion 22%
Media acquisition cost per package
₱711
Gross package value sold* ₱43,996

Our initial paid-acquisition pilot generated four package sales at a preliminary media CAC of ₱711.

Early results indicate that paid digital acquisition can generate consultations and package purchases at an economically viable preliminary CAC. The next milestone is to demonstrate that these results remain consistent across a larger patient cohort and increased advertising spend.

* Source: Meta Ads Manager and patient source recorded during consultation. Meta messaging conversations may include repeat users and are not necessarily unique qualified leads. Package value assumes four packages priced at ₱10,999. Gross package value is not the same as cash collected or recognized revenue. Note: The exact campaign period, spend reconciliation, and Ads Manager screenshots are available upon request.

13 · Structure

The Two-Company Structure.

TeraCare is the physiatrist-led service network. Tera Corp provides the standardized operating infrastructure behind that network.

The Medical Side (PC)

TeraCare Clinic

The Professional Corporation (PC) that practices medicine. The clinical entity retains full medical authority, maintaining clear operational boundaries and structured clinical governance.

What They Do: Doctors diagnose patients, order treatments, and handle recovery plans.

The Business Side (MSO)

Tera Corp

The Management Services Organization (MSO). We are the business of running the business. This company holds the brand, and it holds the equity.

What We Do: We manage the money, software, marketing, hiring, equipment, and company growth. Everything that is not clinical.

1
Institutional Marketing

Centralized, compliant brand-building that drives regional awareness.

2
Continuous Care

We maintain continuity of care, so if a therapist is unavailable, clinical progress continues without disruption.

3
Higher Profit Margins

Our costs don't rise much even as we serve more patients.

4
Professional Management

Allows us to attract experienced operators and technical talent.

5
Flexible Services

We can easily start providing new types of home health services.

6
Clear Operational Boundaries

Maintains clean separation between clinical and administrative functions.

7
A Real Business Asset

You own the brand, technology, and growth systems, not just a doctor's practice.

8
Steady Income

The management company operates on a predictable fee structure.

9
Built to Last

If a doctor retires, the management business stays safe and continues growing.

Capital-Efficient Structure

Our model provides distinct operational clarity, protecting both clinical independence and investor capital:

1
Clinical Entity Autonomy

The clinical entity retains full clinical authority and sufficient operating reserves.

2
Arm's-Length Compensation

The MSO earns fair-market compensation for its services.

14 · Business Model

How We Make Money

1. The Cost of One Program (8-Session Home Rehab)

Patient package revenue
100% ₱10,999

Variable Cost Per Package

Therapist compensation 8 sessions, ~₱675/visit
49.1% -₱5,400
Clinic (PC) retention — 10%
10.0% -₱1,100
Patient acquisition cost
6.4% -₱700
Payment processing blended e-wallet / card, ~2.6%
2.6% -₱286
Medical supplies & consumables
1.8% -₱200
No-show / cancellation reserve
1.7% -₱182
Total variable cost
71.5% -₱7,868
Contribution margin
28.5% ₱3,131

Note: The ₱1,000 doctor assessment is billed separately.

50/mo 100/mo 150/mo 200/mo 1,000/mo
Therapists needed48111573
Coordinators needed122314
Coordinator cost₱18,000₱36,000₱36,000₱54,000₱252,000
Equipment depreciation₱2,000₱4,000₱5,500₱7,500₱36,500
Back-office/bookkeeping₱24,000₱24,000₱24,000₱35,000₱120,000
Tech infrastructure₱5,000₱5,000₱10,000₱10,000₱40,000
Permits & compliance₱4,000₱4,000₱4,000₱8,000₱30,000
Business insurance₱5,000₱5,000₱5,000₱8,000₱30,000
Total fixed overhead₱58,000₱78,000₱84,500₱122,500₱508,500
Fixed overhead as % of Tera Corp revenue25.8%17.3%12.5%13.6%11.3%
Fixed cost per package-₱1,160-₱780-₱563-₱613-₱509
Contribution margin (₱3,131 × patients)₱156,550₱313,100₱469,650₱626,200₱3,131,000
Pre-tax operating profit₱98,550₱235,100₱385,150₱503,700₱2,622,500
Net profit/mo₱73,441₱177,282₱291,923₱357,530₱1,865,648
Annualized net profit₱881K₱2.13M₱3.50M₱4.29M₱22.4M

2. Why Therapists Join Us

They earn more overall.

Freelancers charge ~₱800 a visit. We pay them ₱650–₱700, but they make more because we handle all the finding, booking, and billing for them.

Capacity & Utilization 5 visits/day @ 80-90%
Average Monthly Volume ~110 visits
Pay per visit ₱650–₱700
Monthly Earnings 3-5x more than a normal clinic salary
₱71,500–₱77,000

Note: Modeled on a 26-day working month. The ~₱675 per visit rate remains highly attractive even after factoring in fuel, vehicle depreciation, travel time, and parking.

3. Scaling efficiency

No physical clinics to pay for. Fixed costs don't rise with patient volume.

  • One admin team handles all patients
  • We hire more therapists only when we have more patients
  • Separate doctor fees
  • Therapist compensation is inclusive of ordinary local transportation within assigned area

The Doctor Offer

Why local doctors want to partner with us:

  • More Patients for Doctors: To find 15 home rehab patients, we send about 75 new patients to the doctor's clinic every month at no cost to them.
  • Helping Doctors Serve More Patients: Every doctor has patients who physically cannot travel to a clinic. We allow doctors to serve and earn from these patients instead of losing them.

Consultation PF

₱90,000/mo

~90 consults (inc. follow-ups) × ₱1,000

Procedural PF

₱35,000/mo

~10% (7 pts) need ₱5k procedure

Clinic Share

₱16,500/mo

15 packages × ₱1,100 MSO fee

Total Passive Yield per Hub ₱141,500+ / month

Why Clinicians Join TeraCare

We empower physical therapists and rehab doctors to focus entirely on patient care by removing administrative burdens.

Clinical Autonomy

Clinical decisions remain entirely with the clinicians.

Zero Marketing Needed

We handle patient acquisition, scheduling, collections, and coordination.

Predictable Income

Higher utilization rates lead to more consistent, reliable earnings.

Escalation & Support

Direct pathways to physicians and better documentation tools.

Training & Equipment

Access to continuous training, specialized technology, and proper equipment.

Clear Career Paths

Opportunities to move into mentorship, leadership, and operational roles.

Operating Leverage (1 to 20 Hubs, Monthly)

Because we don't build new clinics for every hub, our fixed overhead grows disproportionately slower than revenue as we scale to 20 hubs. Note: Gross Revenue (GMV) reflects total patient spend. Net Revenue reflects Tera Corp's Management Fee.

₱400k ₱200k ₱1.35M ₱3.30M 1% 45% 52% 54% 56% Net Margin 1 Hub 5 Hubs 10 Hubs 15 Hubs 20 Hubs
Fixed Overhead
Variable Expenses
Net Revenue
Gross Revenue (GMV)

How the money flows

"We handle all the hard admin work."

Partner Doctors

Get more patients and earn money on every check-up.

The Clinic

Keeps a 10% fee on every package sold.

Therapists

See more patients and earn 3-5x more money.

Our Business

Earns a strong profit margin without needing clinics.

5. Margin Expansion Levers

While our current projections are based on conservative unit economics, the model contains multiple levers we can pull. We intentionally choose to prioritize clinical quality, clinician retention, and rapid market penetration in this phase, but these options remain available for future optimization.

Optimize Pricing

Revenue Lever

Adjusting the per-session price from ~₱1,375 to match premium market rates.

Strategic View

Network Density (Routing)

Efficiency Lever

Grouping patients in tighter geographic areas to reduce travel time.

Strategic View

Upselling Equipment

High Impact

Selling useful portable rehab tools directly to patients.

View Pros & Cons

Leverage Tiered Clinical Teams

Modest Impact

Using junior therapists for simple cases.

View Pros & Cons
15 · Team

The Team.

To build a healthcare business, you need someone who understands clinical care and someone who understands legal rules. Our founders are experts in both.

Medical Leader
BR

Ben Paolo C. Rabara

MD, DPARM

Medical Lead: Ben is a Rehab Doctor who builds software.

He practices medicine and builds the software tools we use. This means we have direct medical oversight and technical flexibility without needing outside agencies.

Business Leader
AR

Atty. Athena Kayana Linda T. Rabara

RN, JD

Business Lead: Athena is a Registered Nurse turned Corporate Lawyer.

She designed the legal structure that makes our business safe to invest in. Her background in both nursing and law ensures we stay compliant while scaling the business.

Why Choose TeraCare?

Access to the PhilHealth rehabilitation package is strictly gatekept by Rehabilitation Medicine Specialists. Expansion in this industry is constrained entirely by how fast you can onboard these specialists.

As a boarded physiatrist himself, our Medical Lead has inherent, direct access to this tight-knit specialty. We aren't outsiders trying to recruit doctors. We are doctors building for our peers.

6 Regions

Already waitlisted

Six rehab doctors from other regions in the Philippines are already in the pipeline, just waiting for the Vigan proof-of-concept to finish before onboarding their clinics.

16 · Master Plan

Sequenced Scale:
Infrastructure Before Expansion.

Home-based rehabilitation is fundamentally a logistics challenge. Scaling prematurely degrades clinical quality and increases operational burn. We strictly sequence our growth into two phases to mitigate operational risk.

Phase 1: Operational Infrastructure

0–18 Months

  • The Target: 50 active monthly patients.
  • The Goal: Standardize clinical workflows (SOPs), optimize the proprietary EMR for field dispatch, and finalize our therapist recruitment pipeline.
  • The Reality: This phase is designed for operational stress-testing, not rapid growth. We optimize the logistics to ensure high-quality care at unit scale.
Phase 2: Regional Expansion

Month 19+

  • The Target: 150+ active monthly patients.
  • The Goal: Expand nationally by leveraging a pre-established network of physiatrists who are primed for our validated proof-of-concept.
  • The Reality: With validated SOPs and a hardened EMR managing logistics, the MSO can rapidly onboard new clinicians and absorb patient volume without proportional increases in overhead.
Phase 3: Service Expansion

Month 36+

  • The Target: Full managed home care.
  • The Goal: Deploy Occupational Therapy, Speech Therapy, and Nursing care on the exact same MSO backbone.
  • The Reality: With operational density achieved via our PT wedge, adding new specialties expands our revenue per patient without needing to acquire a new customer.
17 · The Ask

What we are raising.

The ₱2M funds the 18-month bridge to Phase 2 (150+ active monthly patients). It operationalizes the MSO-PC legal structure, scales patient acquisition, and fully staffs our administrative clinic hub.

We Are Raising

₱2,000,000

For Equity

10%

Capital-Efficient Operating Model

True standing fixed overhead is ₱58k/mo — operational breakeven is reached at just 19 patients a month.

Phase 1 (18-Mo) & Phase 2 (36-Mo)

Phase 1 proves the model at 50 patients/mo. Phase 2 scales to 150+ patients/mo, generating ₱3.5M+ in annual Operating Profit (EBITDA).

Valuation Methodology & Returns

The ₱18M pre-money valuation is anchored in Phase 2. At ₱3.7M EBITDA, a standard 5-6x multiple values the business at ₱18.5M–₱22M. ₱2M funds the bridge from Phase 1 proof-of-concept to Phase 2 value realization.

Use of Funds (18-Month Budget)

Clinical Admin Hub (₱42k/mo) 38%

Staffing and overhead for our existing clinic space acting as the central administrative hub.

Patient Acquisition (₱360k Pool) 18%

100% direct paid ad spend on Meta (Facebook/IG) and Google Ads to acquire home rehab patients.

Tech Infrastructure (₱5k/mo) 4%

Serverless hosting (Supabase/Vercel), domains, Google Workspace, and AI API costs.

MSO-PC Scale & Reserve (₱794k) 40%
Therapist Recruitment (₱100k)
Equipment & Tables (₱100k)
Onboarding Incentive (₱160k)
Onboarding Training (₱160k)
Working Capital (₱140k)
Clinical Compliance (₱40k)
Contingency (₱94k)
18 · Risks & Mitigation

Key Risks Are Known—And Designed Into the Model.

We reduce risk through clinician alignment, clinical governance, operating discipline, and milestone-gated expansion.

Clinician Retention & Revenue Leakage

i

Mitigated via competitive compensation, clear career pathways, and team-based care.

Patient Churn & Revenue Durability

i

Mitigated via structured care programs, measurable goals, and a 60/40 payment option.

Workforce & Delivery Economics

i

Mitigated via regional clinician pools, route clustering, and capacity-based hiring.

Clinical & Financial Governance

i

Mitigated via clinical supervision, documentation audits, and arm’s-length MSO pricing.

Execution & Founder Concentration

i

Mitigated via documented operating playbooks and milestone-gated regional launches.

19 · Summary

Why You Should Invest

TeraCare solves a huge problem: Families struggle to organize rehab care at home. We fix this by giving them one complete, doctor-led program.

Our founders are experts in both medicine and business. We built this company to be highly organized from day one, allowing us to scale clinical excellence across regions without compromising quality.

We are built for scale and eventual institutional partnership. A Tech-Enabled Healthcare Startup operating as a Platform MSO, ready to scale across geographies and medical specialties.

We are here to consolidate a fragmented market.

The MSO Engine: Built to Scale

How we operationalize and standardize the "business of running other businesses."

Centralized Tech Stack

One custom-built CRM and operations platform to run scheduling, billing, and client records across any professional service vertical.

Unified Playbook

Plug-and-play marketing, client acquisition, and hiring models that can be instantly applied to newly acquired branches or franchises.

Automated Back-Office

Centralized billing, compliance, and administration, completely freeing professionals to focus only on their craft.