MENU

Blockchain-based personal health record platform empowers patients

Blockchain-based personal health record platform empowers patients

Market news |
By Rich Pell



Announced at the Connected Health Conference in Boston, the service allows patients to access their health records in real time through a mobile or web app. Because the platform is built upon blockchain, any clinical and behavioral data in a patient’s record can be fluidly accessed by a healthcare provider if a patient allows them permission.

“Blockchain is a buzzword that’s catching a lot of attention, but is far from being hype,” says Dr. Samir Damani, CEO of MintHealth. “The technology has the underpinning to transform the way we conduct business in every industry across the nation.”

The global decentralized health platform is designed “to align all healthcare stakeholders around the shared goal of empowering patients to minimize their risk for developing and suffering complications of chronic conditions.” The mobile app leverages gamification technology for patient engagement and to incentivize preferred patient behaviors, while a companion clinical tool is planned for healthcare providers to aid them in managing the health of their patient populations.

The first phase of the platform’s roll-out will be to commercial health insurance plans, to help engage patients with chronic conditions that account for over 90 percent of healthcare costs today. Patients will set up a self-sovereign personal health record and be assigned a unique global identifier enabled by blockchain technology, allowing the patient to control permissions and access to their data in real time.

A “vidamints” (VIDA) incentive system is designed to reward patients for engaging in healthy behaviors that are assigned to them through the MintHealth mobile app. Funded by healthcare payers who have a financial incentive to see patient populations improve their health, VIDA tokens reside in an escrow vault smart contract and are delivered to a patient’s wallet upon successful completion of each behavior, which the patient can then use for discounts or as payment toward healthcare-related expenses.

“While the idea of promoting wellness to improve health is not new, previous efforts have failed because of siloed clinical and behavioral data, the inability to incentivize patient behaviors, and the lack of a platform that aligns patients, providers, and payers around patient empowerment,” says Damani. “Today, blockchain technology and the use of digital incentives, such as vidamints, will revolutionize the way we manage patients at risk for and those who have already developed chronic conditions.”

MintHealth

Related articles:
Telemedicine to drive IoT healthcare market
‘Internet of Medical Things’ cybersecurity bill introduced
Document authentication solution leverages blockchain
Amazon secret lab exploring healthcare tech, says report
Blockchain-based IoT alliance launched

If you enjoyed this article, you will like the following ones: don't miss them by subscribing to :    eeNews on Google News

Share:

Linked Articles
10s