Imagine the world of healthcare with you at its centre.
A healthcare system where you have instant access to your personal medical records
and can share them as and when needed.
A healthcare system that identifies the ideal professional for your individual needs,
anywhere in the world.
A healthcare system that provides you with options that have validated reviews,
enhancing your confidence.
A healthcare system that allows for seamless payments, even across international borders.
A healthcare system that integrates with your insurance provider for instant preapprovals and payments or refunds.
A healthcare system that rewards you for your feedback and continues to reward you for staying healthy.
The unfortunate reality is that today’s healthcare is not consumer centric. Consumers rely on word of mouth referrals and unverified reviews in choosing potentially life impacting services.
Doctors are pressured to keep up with exponentially growing research, whilst diagnosing patients with only a fraction of their medical history. The result is that medical errors are the third leading cause of death after cancer and heart disease. Healthcare costs continue to rise, matched by insurance premiums that must off-set massive industry fraud. Consumers are left suffering through avoidable process bureaucracy and legacy systems. Health FX is going to create a healthcare future that we all deserve. One that resolves the industry’s current hurdles and puts the consumer back at its center. One that put consumers in control of their own healthcare data and incentivises good health.
The cost of healthcare globally continues to rise and the disparity in cost for like services is not materially closing. Rather, Compound Annual Growth Rates (CAGR) are increasing the variances in costs for identical services.10
Furthermore, the cost for treating well researched and understood conditions is also increasing, not decreasing. For example, the cost of treating musculoskeletal system disorders such as arthritis has increased over 130% within 12 years.11 This is fundamentally at odds with what is seen in other industries in which economies of scale lead to a reduction in unit costs.
The unit costs of healthcare are particularly highest in developed countries, led by the U.S. by a significant margin, where the healthcare cost per capita is more than twice that of the average of other developed countries.12
The combination of the need to identify appropriate and available healthcare expertise together with rapidly rising healthcare costs is resulting in the unprecedented growth of medical tourism.
Electronics Health Records (EHR) or Electronic Medical Records (EMR) were proposed to improve the effectiveness of medical history for patients, however the industry has noted the broad failures of such implementations. In a 2014 U.S. national EHR survey, 70% of facilities described their EHR investment as not worth the effort, resources and costs. The top reasons being system functionality (67%), cost (48%) and poor customer service (67%)
With eight years of commercial success in the medical industry, the founders recognize the need for a modern technology solution that facilitates optimized patient-practitioner matching, records management, payments and insurance claims.
Blockchain powered smart contracts, combined with a vast network of medical professionals and the deep expertise of the Health FX team will dramatically lower health care costs, improve patient care quality, security and efficiency throughout the industry.
Telegram URL for the project : https://t.me/hfxtoken
Website: http://hfxtoken.com/index.php?utm_source=trackico
