Here's how Project Healthureum Will Revolutionize Global Healthcare Standards in the Near Future
Healthureum is a
multi-dimensional healthcare ecosystem that is developed to run on the already
existing and successful Ethereum platform. The project aims to enable a
flawless deployment of healthcare-related smart contracts backed up with a
decentralized medical data management system.
We live on a planet where there is a glaring disparity between the kind
of healthcare that the rich have access to and that which the poor people can
barely afford. Never mind that one of Millenium Development Goals of the 21st
century was to promote gender, economic, and racial equality - something that
we have failed dramatically at.
Now, fast-forward and a few years
after the unveiling of these Millennium Development Goals, we have a solid
chance of making this elusive dream a reality. Are you wondering how? Through
the implementation of the Project Healthureum. This is a venture that will revolutionize
the global healthcare standards soon through the following ways.
Improving the Reliability of Clinical Trials
Clinical trials are the backbone
of any thriving healthcare system - regardless of how large-scale or small
scale it is.
Speaking of which, it does not
end there. It is not enough just to carry out frivolous and random clinical
trials at the drop of a hat. The authenticity of data is equally important when
carrying out clinical trials. Usually, the individual or organization is trying
to prove a hypothesis based on supporting data from the test, which if proven
will generate huge financial gain, thus creating a hidden agenda.
This often results in fraud,
potentially in the form of manipulation of data or hiding of unfavorable data
which goes against the hypothesis. It's a common occurrence that is often
pushed by greedy cartels looking to make a quick buck from the unsuspecting
masses. However, this is set to end very soon as soon as Project Healthureum is
fully implemented.
In the new Healthureum ecosystem,
proof of existence will be essential, and blockchain technology enables the
secure recording of this, in chronological order. Due to the characteristics of
the blockchain, the data gets distributed across millions of machines, hence altering
or tampering with the data virtually impossible without being detected. Think
of how pleasant it will be knowing that any reports from clinical trials are
100% verifiable, correct and reflect the real situation on the ground.
What's more, blockchain
technology can also be used in maintaining patient data integrity in clinical
trials, where patients may contribute their data for research purposes while
hiding identifiable data - something that is not possible at the moment.
Improving the Level of Interoperability Between
Various Facets of Modern Healthcare
It is no secret that
interoperability is virtually lacking in today's healthcare set up. While the
wealthy have easy access to the best medical services that money can buy, the
poor are still stuck with mediocre systems that are barely functional. There is
an urgent need for interoperability.
Interoperability, as far as
healthcare goes, refers to the ability of two or more systems to share,
exchange and use the information shared between them. This is essential to
facilitate patients to own their data, and give access to others to view or add
new data to their record. It is a high-level form of collaboration that sees
two or more parties work together for a common and higher end goal.
Similarly, two hospitals should
be able to easily pull, and push data related to the same patient without
needing to replicate that data in a different format for utilization.
Blockchain-enabled health IT systems that are irrevocable and cryptographically
secured could remove the hassle and cost of data reconciliation and provide
access to both real-time and historic data to multiple users at one time.
Improved Claim Assessment
Welcome to the real world, where
claim assessment is one of the most widely defrauded facets of our already ill
healthcare set-up. Here's a quick overview of the situation. For starters,
claim assessors and insurance companies have been accused of fraud and
manipulation of claim assessments, causing patients to suffer colossal time
delays and loss of claims due to incomplete or ‘mismanaged’ records. “Roughly 6
percent of all claims are denied because of incomplete or incorrect
information," according to StClaire.
Secondly, 5-10% of billing costs arise from
overbilling or billing for non-performed services, as estimated by Forbes. And
this is just scratching the surface.
Enter Project Healthureum. Now,
blockchain technology could eradicate this human risk through
disintermediation, as claims would be settled using a smart contract which will
auto issue the request on the satisfaction of pre-defined terms. By automating
the majority of claims and payment processing activities, blockchain could
significantly reduce the burden of patient losses, reconciliation of accounts
and the cost of resolving disputes. In other words, is almost a near medical
utopia. more info please visit https://www.healthureum.io/
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