Patientory Raises US $1.5 Million in Financing from Healthcare Giants

It is reported that Patientory, a blockchain health data service company, has announced the completion of US $1.5 million financing, and Arlan Hamilton, Colorado Permanente Medical Group, RGA Ventures+Moda Health, Expert Dojo, GlaxoSmithKline, Novartis and the American Heart Association have participated in the investment. Patient launched an “intelligent” health data wallet application on Wednesday, allowing users to securely store their information. Its blockchain based and HIPAA compliant private medical data ecosystem can synchronize medical records and wearable device health data, allowing users to better control and track their own health status. （Axios）

Patientory, a blockchain health data wallet company, completed a $1.5 million financing

Introduction

Patientory, a blockchain health data service company, has announced it has successfully raised US $1.5 million in financing. This investment is a significant achievement for Patientory, as it includes contributions from leading healthcare industry figures, such as Arlan Hamilton, Colorado Permanente Medical Group, RGA Ventures+Moda Health, Expert Dojo, GlaxoSmithKline, Novartis, and the American Heart Association. As reported by Axios, Patientory launched an “intelligent” health data wallet application on Wednesday, which allows users to securely store their information.

The Benefits of Patientory’s Blockchain-Based Health Data Service

Patientory’s blockchain-based and HIPAA compliant private medical data ecosystem can sync medical records and wearable device health data, allowing users to better control and track their own health status. This innovative approach to storing and sharing personal health information has numerous potential benefits for patients, healthcare providers, and researchers.

Convenience and Efficiency

With Patientory’s intelligent health data wallet application, users can easily access their medical records and manage their health status with greater efficiency. By storing all health data in one place, patients no longer need to contact each healthcare provider separately for medical records, reducing wait times and repetitive data entry.

Privacy and Security

Patientory’s blockchain-based health data service provides greater security and privacy for patients’ personal information. The decentralized nature of a blockchain means there is no central point of control or failure, reducing the risk of security breaches or data leaks. Patientory has also ensured its service is HIPAA compliant, demonstrating its commitment to protecting the privacy and security of patient data.

Improved Patient Outcomes

By giving patients greater control over their health data, Patientory’s service aims to improve patient outcomes. Patients can track their health status more effectively, leading to better disease management, health promotion, and prevention. Healthcare providers can access more comprehensive medical records, enabling them to make more informed treatment decisions. Researchers can access a larger pool of data for clinical trials, improving the overall quality of medical research.

Conclusion

Patientory’s blockchain health data service is a promising development in the healthcare industry. Its innovative approach to managing and sharing health data has numerous potential benefits for patients, healthcare providers, and researchers. With the support of big players in the healthcare industry, Patientory can continue to refine and expand its service, providing patients with greater control over their health status.

FAQs

1. How does Patientory’s blockchain-based health data service ensure privacy and security?
– Patientory’s blockchain-based health data service is designed to be decentralized, meaning patient data is stored on multiple systems rather than a central database. This reduces the risk of data breaches or leaks. Patientory’s service is also HIPAA compliant, meaning it meets strict privacy and security requirements for handling patient data.
2. How can Patientory improve patient outcomes?
– By giving patients greater control over their health data, Patientory’s service aims to improve patient outcomes by enabling better disease management, health promotion, and prevention. Healthcare providers can access more comprehensive medical records, improving treatment decisions. Researchers can access a larger pool of data for clinical trials, improving the overall quality of medical research.
3. How can patients access Patientory’s service?
– Patients can access Patientory’s blockchain health data service through its intelligent health data wallet application, which can be downloaded for free from app stores. Patients will need to create an account to start using the service.