The Different Facets of Healthureum: An Incisive Analysis of one of the Most Disruptive Crypto-related Advancements in the Modern Times.

While healthcare spending is expected to soar at a rate between 2.4% and 7.5% by 2020, a lot of countries all around the world are still losing their citizens to manageable diseases. Not to mention, this is without putting dangerous ailments such as cancer and HIV/AIDS in the picture. In most instances, doctors lose patients due to the latter’s insufficient medical history and unavailability of state-of-the-art facilities.

As if the above was not enough, there has been a massive rise in the number of cases taken to court by financial institutions due to cybercrime. However, not all instances see the light of day since tracking a hacker is one of the hardest tasks in this tech-led new world. Fortunately, Healthureum aims to tackle these problems and revolutionize the health sector by using a secure system backed by crypto-related advancements.

Your health might be dependent on your ability to adapt to new technology and cures. With the frustration, most patients express regarding numerous hospitals across the globe, it is about time the healthcare industry adopted new methods. Thanks to cryptography and Blockchain technology, Healthureum is on course to better the lives of millions of people around the world while aiding in the actualization of a global healthcare system.


However, while secure data management might be the leading benefit when it comes to Healthureum, there are other facets to this crypto-related innovation worth noting. Here are some.

•   Data sharing

Usually, healthcare data is kept in the EHR system. The centralized system can be customized to suit the hospital's requirements. However, seeing that different healthcare facilities might have varying needs, data sharing is taking a fragmented approach. As such, healthcare providers, patients, researchers, and regulators alike remain frustrated at this lack of standardization which has cost both money and lives.

Not to mention, the data is not secure seeing how vulnerable most EHR systems are to cybercrime. However. Blockchain can not only guarantee the safety of valuable information stored using the Healthureum project but also enable proper peer-to-peer sharing of this information between networked databases. With a worldwide database, you can travel to any part of the world and still receive the best treatment seeing your health information is readily available.

•  Master Patient Index

Blockchain technology is responsible for improving data management and standardization. Not to mention, with patient data being sold, mismanaged, hidden or leaked for fraudulent malpractices, a system with the ability to prevent interoperability among the different facilities there are is a significant boost to the healthcare sector. While crucial identifiable data with doctors, the patient will remain identifiable but when it comes to research programs, it can be presented as information from an anonymous source to protect their integrity.

With a master patient index, there will be no need to fill hospital forms every time you go for an appointment or wake up to leaked healthcare information. With the assistance of Blockchain technology, Healthureum can also aid in solving cases of duplicate records and mismatched patient data. What’s more, hospitals will no longer be able to reluctantly release patient information in a bid to retain them in the event their client opts for a different medical practitioner or is miles away from their local healthcare facility.

•  Claims Assessment

According to Forbes, overbilling and billing for services not performed is responsible for a 5-10% increase in total billing costs. Out of all the claims presented, 6% are shorn off due to incorrect and incomplete data. Patients are losing claims and suffering from delays as insurance companies, and claim assessors continue to mismanage and submit incomplete information.

As such, there are hundreds if not thousands of cases worldwide accusing these firms of both manipulations of claim assessments and fraud. While some of these discrepancies might be voluntary, others arise due to human error. However, Blockchain technology’s Smart Technology can use disintermediation to settle these disputes and reduce the substantial costs incurred by both patients and healthcare facilities due to incorrect insurance claim assessments.


According to the World Health Organization, there are over 100,000 deaths annually due to counterfeit drugs. The counterfeit drug market alone is estimated to rake in over $200 billion on an annual basis. Seeing that supply chains are vital for both human and medical resource management, Blockchain technology can be used to track the authenticity of both drugs and medical infrastructure ensuring the legitimacy of both.

More so, this technology can also track the movement and production of counterfeit drugs through these supply chains by using the hash generated during the production of said drugs. Healthureum uses the same technology to aid clinical trials and the provision of longitudinal health records to different medical practitioners. more info please visit http://healthureum.io/

Comments

Post a Comment

Popular posts from this blog

The Importance of Having a Comprehensive and Trusted Healthcare Ecosystem Such as Healthureum in the 21st Century

Image
The global health industry has been going through many changes in the past years. Despite the many adjustments that have occurred, the health industry has not yet achieved perfection. They are still some multiple setbacks in the sector. The Healthureum ecosystem is what the global health industry requires. The Healthureum ecosystem is a new invention of the cryptosphere that integrates Health care and blockchain to give an excellent combination. Healthureum is the change that the global industry was missing out. It offers the patients a safe way of acquiring and paying for healthcare services globally. The method is very transparent and secure. The system enables you to have access to your data. You can also share your medical data with your physician, when you need medication, without worrying about your medical history falling into unauthorized hands. Any other persons who may need to access your data will require your permission. There are many issues that Project Healthu...
Read more

Project Healthureum's Mission and Vision May Seem Far-fetched but it is Still Attainable and Achievable. Here's Why

Image
Project Healthureum ’s mission and vision revolves around the “Provision of a future-proof system for managing your health.” While this seems like a daunting task to undertake, Project Healthureum has shown beyond reasonable doubt that this is still attainable and achievable. The current healthcare system is bogged down by many challenges the most significant being the variation in quality of services provided across private and public care institutions. More so in public hospitals, there is limited access to medical infrastructure, medical practitioners, and requirements for treatment programs. Project Healthureum seeks to streamline the healthcare sector by ensuring that quality affordable medical care is accessible for all. While this is no mean feat to achieve, Healthureum proves it’s possible via blockchain technology which seeks to get rid of the problems of access limitation, human manipulation and delays in prognosis in the following ways: Enhance Access to In...
Read more

How Healthureum's Data systemization is set to change healthcare

Image
To enable better patient data handling, Healthureum hopes to implement a Blockchain based data systemization system with the aim of making data sharing between patients, doctors, clinics, laboratories and other health-related departments easy and manageable. Through a Blockchain approach, Healthureum will achieve a secure, standardized EHR ecosystem that will guarantee higher patient satisfaction and better medical infrastructure management. Patients will enjoy better security, privacy and data integrity while hospital management will have their work cut out for them on the network. Healthureum's Blockchain network will allow anyone to store medical data on a single encrypted platform with a level of secure cryptographic sophistication that is reliable. As a result, stakeholders will have a tamper-proof data storage and sharing system, therefore, enabling regulatory bodies to set up consistent patient data sharing rules. Plus, hospital management and government bodies will be ...
Read more