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PatientDataChain - Blockchain approach to disrupt patient-provider medical records data exchange

Project description

Forging a new patient-provider connection

What does blockchain-based technology have to do with healthcare? Everything. This complex technology can drive significant improvements in the healthcare value chain. Specifically, it can eliminate long delays, reduce costs and minimise human errors. Developed by the EU-funded PatientDataChain project, this new technology puts the patient-provider relationship in the hands of the patient. For instance, the patient is able to accept, reject or modify relationships with insurers, clinics, hospitals and other healthcare providers. It also provides patients and doctors with a log of healthcare records. Overall, the project will enhance information exchange, reduce costs, simplify procedures and increase awareness about patient data.

Objective

Setrio’s PatientDataChain blockchain-based technology is a game-changer for decentralizing infrastructure and building a trust layer in the healthcare value chain. This could dramatically reduce time delays, added costs, and human error that plague healthcare value chain today.

PatientDataChain has significant power to disrupt healthcare and put data in the hands of patients. PatientDataChain uses Smart Contracts to map patient-provider relationships (here the contract shows a list of references detailing the relationships between nodes on the blockchain). It also puts patient-provider relationships in the hands of the patient, giving them the ability to accept, reject, or modify relationships with healthcare providers such as hospitals, insurers, and clinics.

PatientDataChain gives patients and doctors an immutable log of healthcare records. It takes a different approach to incentivation for patients by giving access to anonymized healthcare data in exchange for sustaining the network. It breaks down the existing barriers that currently obstacle communication on patients’ journey along the health value chain. Thus, for the care pathway, the workflows and patient processes are streamlined. The solution improves care adherence, operational efficiency and patient experience thus leading to better health outcomes and lower costs.

PatientDataChain will lead to (i) an enhanced exchange of information among health players and stimulation of new synergies, (ii) a reduction of costs and simplification of procedures for demonstrating regulatory compliance, (iii) an increased awareness on patients’ data also among patients themselves together with a better understanding of their health journey, and (iv) generation of big data on the patients’ journey along the health value chain across sector, applications and regions as an unprecedented knowhow for the society, necessary to address emerging health risks.

Call for proposal

H2020-EIC-SMEInst-2018-2020

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Sub call

H2020-SMEInst-2018-2020-1

Coordinator

SETRIO SOFT SRL
Net EU contribution
€ 50 000,00
Address
STRADA PRECIZIEI 20 SECTOR 6
62204 BUCHAREST
Romania

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Macroregiunea Trei Bucureşti-Ilfov Bucureşti
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost
€ 71 429,00