Photo - Healthchain
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Healthchain

The stripe for health data exchange

Chile
Market: Medicine, Insurance, Pharmacology, Blockchain
Stage of the project: Prototype or product is ready

Date of last change: 27.04.2021
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Idea

Healthchain creates a safe, universal, and sovereign access to medical data for all patients, and healthcare professionals no matter where you go.

Current Status

We are executing a pilot for Foundation Medicine Roche bring a total of 100 users between practitioners and patients for 2021

Market

Our customers are segmented between:
- Practitioners and Healthcare organizations in Latam: +300K, +2B USD/YR
- Payers and pharmaceutical companies in Latam: +7B USD/YR

Problem or Opportunity

Stakeholders store different versions of patients’ data, creating different versions of the truth

Healthcare institutions have multiple EHR systems with multiple standards making it harder for data to be shared efficiently

Patients’ control of their data or medical records is hindered

Solution (product or service)

Healthchain connects healthcare providers with medical records, allowing them to share clinical or administrative data through a decentralized network in a secure way. Solving some of today’s interoperability issues.

health.protocol: Allows patients to have easy and secure access to clinical records, prescriptions, consultations from various health providers that are connected through our platform.

health.insurance: Service that reduces the delay time of the process in the reimbursement of complementary Health Insurance, reducing also the back office load associated with this procedure.

health.prescription: It allows doctors and hospitals to prevent fraud or duplication of medical prescriptions, also facilitates the follow-up for insurance companies from when the prescription is created up until when the patient gets/buys their medicine.

Competitors

We are not alone in this and we've identified different Alternatives like:
- Blockchain-based (Direct competitors): Patientory and Solve.Care
- EHR with interoperability (Indirect competitors): Intersystems and Instamed

Advantages or differentiators

As the world’s first decentralized interoperability stack for healthcare, Healthchain gives organizations the tools to build better.

We work with standards, regulations, and payers networks so businesses who run on Healthchain don’t have to and still be compliant.

- Easy integration through our API
- Low cost and efficient throughput transactions
- Scalable compliance for health data

Finance

We are a BaaS (Blockchain as a Service) so our pricing is based on the number of requests done in the network by the client, that is the number of times a request for access to share patient data from one organization to another.

Pricing model
$500 (monthly fixed) + 0.2 (per request)

Money will be spent on

We will be using the investment to scale our team and develop new use cases in the healthcare industry, this can help us open market in Argentina and Colombia were we already started conversations with potential clients.

Team or Management

Incubation/Acceleration programs accomplishment

The S Factory - Startup Chile
Emprende Latino - Albuquerque, EEUU
Torneo de interoperabilidad en salud - CENS Chile

Won the competition and other awards

Torneo de interoperabilidad en salud - CENS Chile

Photos

Photo 1 - The stripe for health data exchange

Product Video

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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video