VANCOUVER, Canada, Aug. 1, 2018 /PRNewswire-PRWeb/ -- Coral Health, a leading provider of blockchain-powered healthcare
Founded by a team of healthcare entrepreneurs, proven technologists, health policy experts and leading scientists, Coral Health recognized that while rich medical information exists today, it is all too often fragmented or inaccessible due to antiquated data sharing methods and improper alignment of incentives across the industry. These information gaps are causing almost a trillion dollars in wasteful spending each year and are preventing doctors from providing the personalized care patients deserve.
Coral Health is building a more connected future in healthcare by enabling secure, real-time, shared access to validated medical information, with an emphasis on patient-centered care. Using the SMART on FHIR approach, the Coral Health Records app gives patients the unprecedented ability to collect, control, and share their healthcare data. Individuals are incentivized to share information so that medical professionals can better coordinate personalized care, healthcare organizations can automate administrative processes, and researchers can get the data they need to discover life saving treatments.
"Coral Health stands out as a real gem in the blockchain landscape. Their solutions have the potential to radically modernize the patient experience and provide the data backbone we need to propel the digital transformation in healthcare," said Don Tapscott, best-selling co-author of Blockchain Revolution, CEO of the Blockchain Research Institute, and one of the world's leading thinkers on blockchain technology, business and management. "Coral Health has assembled a stellar and uniquely capable team of innovators that is sure to make waves across the North American healthcare industry."
"Coral Health is uniquely positioned to disrupt the healthcare industry because of the cutting-edge solutions we've brought together in a unified system. Our healthcare partners have validated our HIPAA-compliant approach to EHR integration, while our permissioned blockchain architecture ensures persistent storage of patient records, and our precleared utility token provides the necessary incentives to make that information accessible. This is not just a bold vision, it's a stepwise plan for how to fix healthcare," said Philip Parker, co-founder and COO at Coral Health.
The company will be making further announcements regarding the details of its upcoming token sale and how patients and medical professionals can participate.
To learn more about Coral Health, visit http://www.mycoralhealth.com.
About Coral Health (@MyCoralHealth) Coral Health is a technology company that is building a more connected future in healthcare. We develop blockchain-powered solutions that accelerate care delivery, automate multiparty administrative processes, and improve health outcomes by enabling secure, real-time, shared access to validated healthcare information. We're driving adoption of our system from the ground up with targeted enterprise applications that provide immediate operational benefits to healthcare providers, labs, payers, and pharmaceutical companies. As more entities join our ecosystem, individualized benefits scale to powerful network effects through incentivized data exchange.
SOURCE Coral Health
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