Electronic Healthcare System

Physicians traditionally provided healthcare to patients in the form of treatment, surgery, prescriptions and the like. Now the role of a physician has evolved to so much more. Many physicians have their own practices and have to make prominent legal and financial decisions to provide healthcare. Physicians are also researchers, investigating the pathogenesis of a disease in hopes to prevent and treat providing better healthcare. Physicians also serve as directors of hospitals and organizations that advocate for patients as they provide healthcare. So, just as the physician's’ role has evolved, the parts involved in “providing healthcare” has evolved along with it. This means the system in which they use must evolve. Henrietta will give providers with a fast, user-friendly platform that will reduce redundancy in documentation and data entry, give them real-time access to patient data, and in turn help improve clinical efficacy and reduce medical error. This will allow physicians and other providers more time to provide direct, compassionate, and patient-centered care.

The most powerful native feature of Hyperledger Fabric is the world state. The world state is the database that holds the current values of a set ledger states. This makes it easier for a program to get the current value of these states, rather than having to calculate them by traversing the entire transaction log. The ledger state is by default expressed in key-value pairs that provide a rich set of operators for the efficient storage and retrieval of states. Hyperledger Fabric can be configured to use different world state databases to address the needs of different types of state values and the access pattern required by the application, for example in complex queries. This can be leveraged to track and quantify the major performance metrics that have been identified by hospitals and other medical institutions. - Length of stay - Time to service - Patient Satisfaction - Physician Performance - Readmission Rates - The Hospital Consumer Assessment of Healthcare Providers and Systems (HCAHPS) - Average Asset Utilization Rate - Mortality Rates - Bed Utilization Rate - Incidents (Unintentional consequences) - CMS Program Performance - Average Cost per Discharge - Operating Margin - Bad Debt A dataset that can be created by world state can be mined in real time to expose those areas that most negatively impact profit margins and patient outcome. Another powerful feature is the HyperLedger composer toolset that provides easy integration of data from the existing system. It does this by using Loopback API. This integrating system allows you to pull data from existing businesses and convert it to assets or participants in the composer business network. This allows us to tap into legacy systems and incorporate them into our network, increasing our market size.

MedStartr and partners can use our platform for anyone interested in leveraging blockchain in a healthcare setting. We can provide a streamlined service that starts from proof of concept to product launch. Because Hyperledger fabric has a negligible cost of use and very easy to set up a network using JavaScript, we can aggressively scale vertically with the help of an innovative community. This new technology can also have an impact outside of healthcare and contribute to corporate sustainability used by socially responsible investors – which centers on environmental, social, and governance (ESG). Adding an explicit health component ESG investment criteria, creating the ESG+H initiative, could serve as a catalyst for the inclusion of health criteria into mainstream financial actors’ business practices and investment objectives. In order to encourage investors to take this step, we need data that incorporates the voice of the patient/consumer and highlights the influence of health on their purchasing behavior. Our goal is to quantify how much a consumers’ everyday purchasing is motivated by a company’s efforts to improve health so that executives, investors, and shareholders will better understand both the short- and long-term benefits of investments in good health. This kind of evidence can help business see health as a shared value that is good for the business, as well as for the world. And all consumers—including millennials and older adults—have a role to play in determining that value.