What is the name of your solution?
Patientory
Provide a one-line summary of your solution.
Patientory equips enterprises with healthcare data intelligence through democratizing individual health data ownership.
Film your elevator pitch.
What specific problem are you solving?
Chronic diseases account for over 60% of deaths globally.
Patientory is focused on the United States market first before expanding globally. There are currently 153 million chronically ill Americans, and of this, 40% are adults. Patients and providers still face challenges managing health data on a daily basis, as healthcare is generalized, not personalized, and data aggregation is limited. Both providers and patients lack the comprehensive data to make the most efficient decisions, as 66% of US citizens have concerns when health data is managed electronically and 75% of hospitals experience inefficiencies in cost and management due to complexity of care. Electronic medical records are not integrated seamlessly across providers and lifestyle data/SDOH is not a component of care plan creation, leading to rising healthcare costs and poor health outcomes.
Providers, employers, and pharma cannot see the bigger picture due to the lack of interoperability and access across current management systems; they cannot create efficient care plans for patients without access to all patient data. This lack of access, interoperability, and personalization has resulted in an increase in chronic illnesses, data breaches, and fines, and a decrease in patient satisfaction and quality of care.
What is your solution?
Democratizing individual ownership of the world’s health data and incentives to improve health outcomes
Patientory empowers our users with actionable insights from health data, incentivizing them to take control of their health outcomes.
Patientory Inc. is a population health data management and analytics company. Through its two decentralized applications, the Patientory mobile app and enterprise software tool Neith, Patientory Inc. provides patients with access and insights and enterprises with comprehensive healthcare data, analytics, and AI- driven clinical trial recruitment management across systems to improve population health outcomes and employ personalized care plans that consider the entire history of the patient, including the social determinants of health. This is achieved by integrating a blockchain enabled platform to gather and analyze siloed healthcare data to employ care plans that consider the entire history of the patient, including daily lifestyle factors, and in turn, reduce the cost of care.
Patientory offers a mobile, blockchain-powered, decentralized application designed to facilitate patients and its users with convenient and secure access to their health information. The mobile dApp compiles patients’ hospital records, lab results, and wearable device and genomic data, among other personal health data across multiple care teams and facilities, creating a unified and comprehensive wellness profile of the patient’s entire history. We aggregate comprehensive data across systems to equip individuals with targeted insights and recommended steps to maintain, improve, and maximize their health on a daily basis.
The Neith enterprise solution is a disease agnostic, HIPAA-compliant, big data analytics platform, providing health management solutions for enterprise customers. Neith integrates seamlessly with the consumer-facing mobile dApp Patientory to help integrate lifestyle data into care plans, streamline value-based care initiatives, and provide risk-mitigating analytics for enterprises and their patients.
Patientory is built on the PTOYMatrix, which ensures that all healthcare data is immutably encrypted, including facilitation for individual data consent management, and will remain protected in a secure and decentralized manner.
Our increased interoperability improves care coordination while ensuring data security, minimizing health breaches and penalties and decreasing IT expenditures. When used together, both platforms work synergistically to improve the quality of care plans and reduce the cost of care.
Who does your solution serve, and in what ways will the solution impact their lives?
We utilize a B2B2C SaaS subscription model.
For enterprise, we target companies engaged in clinical trials (for patient recruitment, monitoring), as well as organizations involved in insurance, employers, and healthcare providers. For our enterprise customers, our secure interoperability improves care coordination and the ability to mine large healthcare data sets. Through machine learning (specifically, predictive analytics) and the PTOYMatrix blockchain-enabled interoperability network, our solutions break down silos to improve workflows and care coordination for the entirety of the healthcare ecosystem.
Our synergistic consumer app solution tackles enterprise issues as well. The patient/consumer is able to see their electronic medical records, lifestyle data from wearable devices, and social determinants of health data on one platform. Patients are able to track and improve their health via predictive analytics, gamification/incentives, and a health score. Increasing patient satisfaction improves outcomes and reduces costs for enterprise.
We engage our potential customers in surveys, questionnaires, and case studies to ensure that our solutions target their specific pain points.
How are you and your team well-positioned to deliver this solution?
Chrissa founded the company in 2015 after seeing the need for more personalized and secure consumer driven health information systems. She has more than 10 years experience in healthcare technology, co-chairs HIMSS Blockchain Workgroup, and serves on HIMSS Interoperability Committee. Chrissa holds an MA in Business Management from Wake Forest University and BA from Cornell University.
Xueling Wang (Business Development Analyst): Xueling holds a BA in Health Information and Medical Records Administration from Georgia State University.
Thileepan Sivanandham (Technical Lead): Thileepan has been working at Patientory for over 3 years. He has over 11 years experience in software development and starting companies. Ashmita Thapa (Operations Analyst) : Ashmita holds a B.I.S. in Health Informatics from Georgia State University.
Our team has diverse experiences in business, serial startup founding, and clinical/biomedical research. We have the unique holistic experience to successfully launch Patientory.
By 2020, Patientory gained over 40,000 subscribers, 20+ US and international patents, and 10 strategic partnerships. For Patientory, we determine overall success as the level of positive impact on the health of communities and increased health equity. Patientory will be successful when we show that data collected from communities indicates that Patientory has made healthcare more accessible towards population health improvement.
Which dimension of the Challenge does your solution most closely address?
Improve confidence in, engagement with, and use of healthcare services globally.
Where our solution team is headquartered or located:
Atlanta, Georgia, United StatesOur solution's stage of development:
GrowthHow many people does your solution currently serve?
45000
Why are you applying to Solve?
Patientory is tackling siloed data management and incomplete information through predictive analytics and a blockchain-enabled health information network. Our solutions are built on the global blockchain-enabled PTOYMatrix and work synergistically upon this infrastructure. This harmony is what drives our solutions' value propositions to break silos, enhance interoperability, and in turn, improve health outcomes across global populations.
However, healthcare is a sector that is traditionally slow to adopt new technologies. Predictive analytics, blockchain, and digital health are all new innovative technologies to the healthcare sector. So far, we have built a robust network of partnerships across healthcare providers, clinical trials/pharma, and insurance/employer organizations. We have harnessed corporate partnerships to build our pitch and use case. Partnerships have been key to our marketing, launch, and growth plans, as we must build trust and educate our consumer as we pitch our solution that relies on these new technologies. We are trying to get more funding to improve our product, and acquire more customers, potential partnership opportunities.
In which of the following areas do you most need partners or support?
Financial (e.g. improving accounting practices, pitching to investors)
Who is the Team Lead for your solution?
Chrissa McFarlane
What makes your solution innovative?
Patientory is one of three HIPAA compliant platforms utilizing blockchain, big data and machine intelligence to enable enterprises to understand consumer health data. It is the only company to offer on-chain healthcare population analytics, on top of a specific healthcare blockchain and has been able to achieve this with a fraction of the funding received by its competitors.
Patientory is one of the first movers using Blockchain technology in the Health IT market (out of both corporations and startups), and provides a solution for both patients and providers. Our products are built on the PTOYMatrix network, a HIPAA-compliant blockchain enabled Health Information Exchange & Storage network, administered by the Patientory Association, which facilitates the secure and encrypted storage and exchange of private health information. Through our innovative technology that enhances interoperability unlike any system adopted in the market today, Patientory is also pioneering ease of use in patient data management.
We can integrate into the major EHR systems: Epic, Cerner, Allscripts, Meditech, and Athenahealth with AI services to provide better insight. Our company utilizes advanced analytics and machine learning from real-time patient-generated data captured from our application to provide predictive, personalized, and prescriptive recommendations for patient care and healthcare cost reduction.
What are your impact goals for the next year and the next five years, and how will you achieve them?
Patientory will bridge the gap between holistic, quality care and access through enhanced interoperability and knowledge of the social determinants of health. Patientory’s virtual monitoring will enhance patients’ and providers’ knowledge of preventative care and the holistic, consistent review needed to treat chronic conditions. Simultaneously, Patientory will pioneer the adoption of blockchain technology in healthcare, creating a safer future for patients and providers to share data.
How are you measuring your progress toward your impact goals?
# app downloads/month, # app downloads/day, # strategic partnerships, amount of hospital data access, # community hospital partnerships that include data access, # healthcare organizations in the PTOYMatrix, # publications/thought leadership/public scholarship for available use to improve health outcomes, # clinical trial recruitments
What is your theory of change?
Our technology allows for the integration of electronic medical records and social determinants of health data on one platform for both patients and providers. Our solutions target all populations, while aiming to make healthcare more equitable for vulnerable populations through the integration of the social determinants of health into care. Patients will be able to manage their health records and improve their daily health at a lower cost. The personal health score is our key metric. Each patient will be evaluated based on their current health condition and their lifestyle to generate their health score which is improved over time as the patient follows the recommended care plan. Patientory recruits for clinical trials; our solutions can be used for clinical trial management.
Logistics of Impact: Maximizing data quality, deeper analysis, enhancing patient engagement to improve longitudinal care/reduce costs, reduction in hospital readmissions/penalties associated with chronic condition management, AI system constantly improving patient record management, care delivery, population analysis.
Describe the core technology that powers your solution.
Patientory has 5 patents, 20 pending patents. Specifically, Patientory uses:
Patientory’s Predictive Analytics - 1. Data storage from multiple providers and encounters using blockchain (distributed ledger technology (after consent from patients and smart contract creation)) 2. aggregating data such as registries, utilization, trends, outlier detection and alerts, and impact assessment 3. Using an AI/ML layer to determine efficient and holistic care personalized to each individual (through Patientory’s consumer app (B2C) and enterprise (B2B) solutions)
Patientory is one of the first companies using Blockchain technology in the Health IT market, and provides a solution for both patients and providers. Our products are built on the PTOYMatrix network, a HIPAA-compliant blockchain enabled Health Information Exchange and Storage network, administered by the Patientory Association, which facilitates the secure and encrypted storage and exchange of private health information.
We can integrate into the major EHR systems: Epic, Cerner, Allscripts, Meditech, and Athenahealth with AI services to provide better insight. Our company utilizes advanced analytics and machine learning from real-time patient-generated data captured from our application to provide predictive, personalized, and prescriptive recommendations for patient care and healthcare cost reduction.
Tech Certifications: Since June 1, 2017: GDPR, HIPAA, SSL
Which of the following categories best describes your solution?
A new application of an existing technology
Please select the technologies currently used in your solution:
Which of the UN Sustainable Development Goals does your solution address?
In which countries do you currently operate?
In which countries will you be operating within the next year?
What type of organization is your solution team?
Hybrid of for-profit and nonprofit
How many people work on your solution team?
15
How long have you been working on your solution?
6
What is your approach to incorporating diversity, equity, and inclusivity into your work?
Patientory works to uphold a culture that prioritizes both our work and employees. Prioritizing both within our culture allows us to complete our best work. We value fairness, pragmatism, professionalism, and energy. However, as a healthcare company, we also heavily acknowledge the health of our team and work-life balance. We are a small yet highly collaborative team of self-starters working to improve population health outcomes. We realize improving health starts internally with our company workflow.
Patientory works to recruit individuals with a diversity of identities, experiences, and knowledge. We are continuously trying to understand the socio-cultural contexts of all of our team members. Our company is global-impact oriented, and we work with international teams in achieving our mission.
For Patientory, we determine overall success as the level of positive impact on the health of communities and increased health equity. Patientory will be successful when we show that data collected from communities indicates that Patientory has made healthcare more accessible towards population health improvement.
What is your business model?
Patientory uses B2B2C subscription-based services for both consumers and enterprises.
Patientory sends newsletters and updates to B2B, B2C, and Enterprise customers. Additionally, Patientory curates a blog on our website and builds a corporate structure involving multiple stakeholders in the future of blockchain health technology through the Patientory Association. Through the association, global stakeholders engage to further the adoption of blockchain within healthcare. To foster market awareness, Patientory hosts the BlockHealth Summit in partnership with Smart Dubai and also participates in various global trade-shows. Our team of 4 individuals executes these events and marketing plans.
By building robust relationships early on, harnessing social media, and ensuring that diverse stakeholders are contributing to the future of blockchain and patient data security, Patientory is preparing a comprehensive go-to-market strategy for its launch focused on provider systems.
Do you primarily provide products or services directly to individuals, to other organizations, or to the government?
Organizations (B2B)Solution Team
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Chrissa McFarlane CEO Patientory, Patientory
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Our Organization
Patientory Inc.