Project Healthureum will Streamline Public Healthcare Delivery By Creating a More Competitive Environment. Here's How
Project Healthureum holds
the key to streamline the public healthcare system by radically
transforming the way the sector conducts its activities. Public
healthcare delivery is currently below par as there is a considerable
gap in the difference in the quality of service provided between the
private and public healthcare delivery. The project seeks to create a
more competitive environment in the public healthcare sector which
will see public hospitals and other medical institutions strive to
improve the quality of services they are rendering or risk being
faced out by the competition.
Public Healthcare
institutions currently use an EHR system which is a centralized
database where all the data is stored and controlled from there.
Unfortunately, this creates barriers for quickly accessing the data
within the database. Project Healthureum, however, uses the
blockchain technology which is a decentralized database which allows
for data to be stored on a network of computers and allows the data
to be accessed real time. Using this technology, Healthureum intends
to create a more streamlined and competitive environment in the
public healthcare delivery in the following ways:
By Enhancing Increased Efficiency
Project Healthureum can
use the Blockchain technology to facilitate data sharing across its
platform to the different public healthcare institutions in real
time. This means medical practitioners will be able to access their
patient’s previous medical history data from other hospitals and be
in a better position to understand which treatment to offer to the
patient. Likewise, patients can receive their medical results within
a short period from their doctors. This smooth flow and exchange of
information will result in significant reduction in the amount of
time and resources used to secure quality medical care as well as
increasing the patient satisfaction. This improved efficiency in
communication will give healthcare institutions using Healthureum’s
blockchain technology a more competitive edge over those institutions
that are still on the old EHR system that is slow and restrictive in
data sharing across health institutions.
By Reducing the Cost of Accessing Quality Healthcare
Project Healthureum seeks
to reduce the cost of accessing quality healthcare through innovative
means on its platform. The blockchain technology can store the all
the data of its patients and make them readily available to all the
qualified medical practitioners in its database. Therefore, through
use of innovative solutions such as video consultations, referrals
and second opinions, patients from all over the globe can access
treatment from expert medical practitioners regardless of which part
of the world they come from.
This will significantly
cut down the expenses involved in accessing treatment including
travel costs. Project Healthureum also uses Healthureum tokens (HTH)
as its medium of currency and hence it reduces the cost of
international fee exchange rates as all services are paid for using
the tokens on their platform. The tokens also have no delays compared
to cash payments which might have delays, especially during
international transactions. This means medical institutions on the
platform will be able to provide affordable healthcare to patients,
and it will increase the competition in the sector.
By
Promoting Professionalism among Medical Practitioners
The Healthureum platform
through its blockchain system can store a registry of the data of all
the qualified medical practitioners who have been verified on its
platform. The registry information stored on the blockchain system is
immutable and tamperproof. The data is tracked by use of timestamps
which show the time when every record or transaction was carried out
and once stored no one can alter the information of previous files
stored in the database.
This medical
practitioners’ registry contains information such as their school,
certifying boards, licenses, and affiliations and continually
captures and updates their data throughout their careers. This means
patients can easily verify the qualification of their doctors on the
platform and chose to work with those they are comfortable with. This
also means the end of quack doctors masquerading as qualified
practitioners because they would be easily found out on the platform.
This increases the competitiveness of the industry as all medical
practitioners will be forced to comply with the best industry
practices and get the required qualifications and licenses.
By Reducing Industry Fraud
Project Healthureum’s
blockchain technology also has a feature known as the smart contract.
This feature as the name suggests is a self-executing contract that
approves a contract automatically once all the agreed upon
requirements are met. The automation of this process means no manual
intervention is needed when handling contracts and this dramatically
reduces the risk of human errors and cases of fraud.
By using this technology
along with the use of timestamps which tracks all transactions,
public health institutions can significantly reduce incidents of
fraud. Insurance industries would not be able to overbill patients
and patients would be able to have their claims assessment processed
quickly. This will increase the competition in public healthcare
delivery as patients will prefer public medical institutions that can
provide them with these services. More information visit https://www.healthureum.io/
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