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Blockchain for EMR
Success story of Blockchain Healthcare

Blockchain-powered framework for Electronic Medical Records (EMR)

Leveraging Blockchain based EHR platforms & Data Analytics to create quality workflow in Healthcare.

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Business Overview

  • Healthcare has got tremendous potential for improvement worldwide. According to some estimations, around $800+ Billion are spent on duplicating services due to poor communications between doctors and hospitals.
  • More than $500 Billion are allocated for administration of healthcare; substantial budgets are needed to provide protection of health data. Only Billing and Insurance Related costs are projected to reach $315 billion dollars by 2018.
  • Blockchain technology holds the potential to provide economical alternative to humongous costs that are involved in Electronic Health Record management and transparent medical billing.
  • USA alone, had $3.55 trillion expenditure in healthcare in 2017, and predicted to reach more than $5.5 trillion in 2025. The main source of these outrageous costs are high administrative fees, overpriced medical tests, useless treatments, medical fraud and missed prevention opportunities.

The Challenges

Electronic Health Records (EHRs) were designed to make record keeping more seamless and standardised but it has opened pandora’s box when it comes to managing multiple providers and maintaining patient records for life.

Current system does not provide patients with kind of portability they enjoy in other aspects of life like communication, non medical insurance and business in general.

Providers — not patients are enjoying greater control over EHRs and patients face major bottlenecks while viewing their reports, correcting erroneous data, and distributing the information.

The situation is similar to finance, where an individual may deal with many banks and credit agencies but not a uniform interface to access the information at the fingertips.

Our Approach

Current State of EHR demands for technology like Blockchain to bring in much required changes for seamless access of Patient information for better informed decisions. Our blockchain-based solutions developed in the field of Blockchain for Healthcare in general and specifically for EHR to achieve the following benefits:

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EHR blockchain

Enables changes to an individual’s EHR (new imaging, procedures, labs) to be updated in real time on an EHR blockchain.

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Private key

Patient data can only be accessed by the patient’s private key, even if the database is hacked, the data will be unreadable.

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Control over data

Patients have full control over accessing their healthcare data. The patient will be in total control when it comes to how much of his data is being accessed.

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Seamless data transfer

Transfer of medical data will become more seamless and instant. All the stakeholders in distributed network of EHR blockchain will have the same set of patient’s data.

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Standardization

Platform provides for standardization and scalability, while tackling the inflated costs, limited access to adequate services and stop misuse of patient data.

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Smart contracts

Platform operates on the Ethereum blockchain using an ERC20 standard to deploy smart contracts for health-related services.

Project Highlights

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The platform is capable to highlight / prove that medical records are unmodified and complete.

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Parties seeking to exchange medical records and other health data regarding a patient can refer to the blockchain for permission.

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The patient possess the ability to grant access to their EHR to other users and anytime can revoke access by setting up a time limited gateway, thereby improving data security.

Results – a journey from ideas to success

Innovative analytics and real-time data visibility

Clinical health data exchange and interoperability

Claims adjudication and billing management

Drug supply chain integrity and provenance

Pharma clinical trials and population health research

Technology Stack

Ethereum Logo
Ethereum
Hyperledger logo
Hyperledger
Ripple Logo
Ripple
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Quorum