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How Patientory uses blockchain to keep data secure and help connect patients

In their whitepaper, Patientory addresses some of the details of how they conform to the three main requirements of HIPAA; The Privacy Rule, Security Rule and the Cloud Computing Guidelines. For more information you can see their whitepaper with the link below in the Resources Section. 4 members, 2 board members – I can’t imagine such a big problem being tackled by a team this size. Most of the staff have been around for less than 6 months, a major issue for any startup. That extensive of a turnover for a young company is disconcerting to say the least.

patientory roadmap

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HIPAA and GDPR compliant protected health data storage and access that adheres to region-specific regulatory guidelines. For example, it’s imperative that patients with congestive heart failure closely monitor their weight. Using Patientory, providers can check in on heart failure patients and keep an eye on their weight even after patientory roadmap they leave the hospital. Non-chronically ill patients can also benefit by receiving reminders to check in with their physician via Patientory. As part of the Hospital Readmissions Reduction Program, CMS withholds up to 3 percent of Medicare reimbursement to hospitals that record higher-than-expected 30-day readmission rates.


The app allows users to create a profile that keeps track of their complete health history. This app is free to users and allows them to track all of thi information related to their health care from doctor visits to things like immunizations and medications. I don’t want to judge too harshly; however, my thought is that having a dozen advisors with 6 team members doesn’t succeed. Working in healthcare, I understand how conservative the field can be, hence the need to work with advisors. Nonetheless you can’t act like a Fortune 500 company when you are a startup.

  • Although blockchain originated in the finance industry, it’s now assisting the healthcare sector with building on cybersecurity and moving forward with organizational goals under value-based reimbursement.
  • To help hospitals reduce readmission rates, Patientory better manages the post-discharge care of patients.
  • Our mission is to create a platform utilizing blockchain technology that will promote the movement of all people and goods on electricity.
  • In a time of global crisis and economic uncertainty, its management, use and sharing are crucial for the resilience of economies …

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But in medicine, even though it’s your life and your health, your information belongs to your care provider. The information is decentralized and currently stored in the largest healthcare information exchange network, the PTOYMatrix powered by blockchain technology. Patientory uses blockchain architecture to decentralize health data, making it more secure and less susceptible to data breaches. Patientory is on a mission to democratize the world’s health and medical data by empowering users with ownership and actionable insights from their health data, incentivizing them to take control of their health outcomes. Securely locate your medical records data safely stored on the PTOYMatrix blockchain network by using your specific credentials from your provider’s patient portal and assign it to your Patientory private key.

Tracking Health Score Statistics

Their plan is to revolutionize patient health management using blockchain technology by allowing health management and healthcare organizations store and transmit information using the security and smart contracts capabilities of the blockchain. They will also enable healthcare professionals manage their care with enhanced social media connections via peer to peer patient engagement. “It’s taking value-based initiatives and transforming them into a holistic patient experience.”

patientory roadmap

To empower people with actionable data-driven insights for improved health outcomes and well-being. HealChain is the organization to learn and innovate for a healthier future in the blockchain ecosystem. HIPAA compliance is on the roadmap; however, as it is a basic requirement of any EMR handlers, until we’ve seen proof of compliancy it is hard to imagine a future. Lastly, with new privacy laws in Europe patients must have the ability to delete their data. By design, such a feat is impossible on the blockchain, therefore having a hybrid solution combines the best of both worlds. Now, imagine you suffer a heart attack or stroke while visiting relatives out of town.

Health Data Marketplace

Unlike EHRs, which are vulnerable to hacks, Patientory utilizes blockchain technology — a permanent record of online exchanges. Blockchain is managed by distributing nodes, each of which contains a copy of the file and requires users to agree to changes. What’s equally concerning is the team’s experience in blockchain and the healthcare industry… or lack thereof that is. Patientory’s enterprise platform, Neith, allows healthcare stakeholders to create reports and predictive analytics around population health.

Patientory aggregates all of a patient’s health data, from clinical records to wearables. By combining clinical data like patient records and test results with everyday data like physical activity and sleep, Patientory gives users a fuller view of their overall health. 66% of US citizens have concerns when health data is managed electronically and 75% of hospitals experience inefficiencies in cost and management due to the complexity of care. It’s hard to imagine any consumer relinquishing this much control of their finances to a broker or banker.

patientory roadmap

We want to thank each of you for your support and participation with us in bringing this App into being. As we can read in their whitepaper, it seems that there is a need for their own blockchain & token. The price now is purely speculative as the token is useless without a working product. I like their idea on how to use their token, and I would also love to see a buyback option added.

“We came up with Patientory using aspects of the industry that we knew would make the patient experience more positive and help physicians make their population more manageable.” We’re revolutionizing the way healthcare stakeholders and patients interact and gain access to information, cutting out all layers and processes that currently are stumbling blocks in care coordination. Participated in a roundtable with the Office of Science and Technology Policy in providing feedback for policy geared toward creating patient-centric secure, decentralized networks for patient engagement in research and population health.

Patientory’s founder and CEO Chrissa McFarlane saw the challenges of managing patient data while she worked at a telemedicine company that handled such matters. It is moderated by users and is in no way affiliated with or endorsed by Patientory management or employees. The company was founded as part of the inaugural class of the Boomtown Health-Tech Accelerator in Boulder, Colo., in spring 2016. Through its connection with the accelerator, Patientory collaborates with Denver-based Colorado Permanente Medical Group, which is part of the Oakland, Calif.-based Kaiser Permanente system. This week, due to so many requests for our CEO to speak this fall, photography is happening here in our offices as headshots are needed for leveraging upcoming opportunities.

Your Health At Your Fingertips

As strange as it sounds, even doctors in other hospitals and emergency departments, using the same EHR system, usually can’t see your data without undergoing several time-consuming steps. There simply is no convenient way for you to “hand over” your records to other doctors who might be caring for you. Providers cannot see the bigger picture due to the lack of interoperability and access across current management systems; they cannot create efficient care plans for patients without access to all patient data.

With this data, several integrated, multi-specialty medical groups like Mayo Clinic, Intermountain Healthcare and Kaiser Permanente have shown remarkable improvements in quality. Specifically, comprehensive EHRs have helped them reduce medical errors, shorten inpatient stays and produce better clinical outcomes. Like most startups, Patientory’s beginnings stem from the concern from someone about a particular issue. Patientory’s founder set out to develop a platform that can help facilitate the use of Blockchain in some of the most crucial operations of the healthcare industry — the handling of patient information.

They can use Patientory to better manage their health maintenance, appointments and care plan after they leave the hospital. This form of patient engagement is not yet widely enacted by hospitals and health systems. “If the patient is managing what’s going on with their care and it results in better outcomes, the hospital will benefit from that as well,” says Mr. DiMonda. Overall, Patientory believes blockchain technology is the most secure way of preventing your patients’ sensitive health information from cyber attacks. The blockchain shreds and encrypts a patient’s medical record before spreading it across the network until it’s ready to be used again. Electronic health records give doctors fast, reliable and secure access to patient medical histories, prescription records and past test results.

New interviews with our CEO are soon-to-be-published and I look forward to sharing those with you. The first interview will be with industry magazines and have we have scheduled exciting news appearances this Fall that we look forward to telling you more about in the next weeks. As they had so many problems launching, they lost their first mover advantage. I still think they have the potential to improve patient’s life; however, I’m concerned by their previous inability to score points. Blockchain is used to provide end-to-end encryption while adhering to regulatory guidelines and compliance requirements. Completed her capstone with Patientory and has assisted management in making decisions through company operations research.

To help hospitals reduce readmission rates, Patientory better manages the post-discharge care of patients. “Patientory gives the patient and caregiver an application on their phone that will help them better implement the post-operative procedure guidelines that the hospital is going to be creating,” says Mr. DiMonda. The need to protect patients’ medical and personal information is clear. On average, one health data breach occurred per day in 2016, according to analysis from the Protenus Breach Barometer.

In a time of global crisis and economic uncertainty, its management, use and sharing are crucial for the resilience of economies … Patientory is a HIPAA-compliant platform, challenging the standards of health data ownership today without compromising privacy and safety. “When you have a system where the hospital and all the practitioners caring for that individual are linked together, everybody gets in real time,” says Frenesa Hall, MD, medical director for Principal Financial Group and Patientory investor. One of the biggest issues addressed by Patientory using the blockchain as the base for its information is its ability to conform to HIPAA Security Rules. By using the blockchain and encrypting patients information over a decentralized network they meet the HIPAA requirements.

Indeed, there’s much to love and much to hate about today’s EHRs, alongside a variety of ways to address the problems they create. Chrissa proceeded to create Patientory in 2015 which is now based in Atlanta. Data interoperability and holistic data integration lead to a more comprehensive, personalized understanding of your health.

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