Patientory, a blockchain health data wallet company, completed a $1.5 million financing

It is reported that Patientory, a blockchain health data service company, has announced the completion of US $1.5 million financing, and Arlan Hamilton, Colorado Permanente Medical Group, RGA Ventures+Moda Health, Expert Dojo, GlaxoSmithKline, Novartis and the American Heart Association have participated in the investment. Patient launched an “intelligent” health data wallet application on Wednesday, allowing users to securely store their information. Its blockchain based and HIPAA compliant private medical data ecosystem can synchronize medical records and wearable device health data, allowing users to better control and track their own health status. （Axios）

Patientory, a blockchain health data wallet company, completed a $1.5 million financing

1. Introduction
2. Overview of Patientory
3. Completion of US $1.5 million financing
4. Participating investors
5. Patientory’s “intelligent” health data wallet application
6. Advantages of blockchain based health data ecosystem
7. How the app works
8. HIPAA compliance and assured privacy
9. Conclusion
10. FAQs

Article

**Blockchain Health Data Service Provider Patientory Secures $1.5 Million in Funding**
Patientory, a blockchain health data service provider, has recently announced the completion of a US $1.5 million financing round. The funding round saw participation from Arlan Hamilton, Colorado Permanente Medical Group, RGA Ventures+Moda Health, Expert Dojo, GlaxoSmithKline, Novartis, and the American Heart Association. On the same day, Patientory launched an “intelligent” health data wallet application, allowing users to securely store their information.
Patientory is a blockchain-based medical data ecosystem service provider, which helps users better understand and manage their health. The service provides a platform for users to synchronize medical records and wearables data, allowing them to better control and track their health status.

Patientory: Overview

Patientory is a blockchain-based health information exchange that seeks to transform the way patients interact with their medical information. The platform, founded in 2015, provides a secure, HIPAA-compliant framework to store and exchange medical data. Patientory uses blockchain technology to ensure the security, integrity, and accessibility of medical-record data across multiple stakeholders.

US $1.5 Million Financing Round

Patientory successfully raised US $1.5 million in its latest financing round, and a group of prominent investors joined in to support the venture. The Colorado Permanente Medical Group, RGA Ventures+Moda Health, Expert Dojo, the American Heart Association, and pharmaceutical giants GlaxoSmithKline and Novartis all participated in the financing round.

Patientory’s “Intelligent” Health Data Wallet Application

As part of Patientory’s efforts to empower patients and improve their health, they launched an “intelligent” health data wallet application to secure and manage patient health data. The intuitive platform allows users to monitor their health seamlessly, receive personalized insights, and access powerful tools to manage their health.

Advantages of Blockchain-Based Health Data Ecosystem

Blockchain technology, the backbone of Patientory’s service, offers many benefits for medical data management. The blockchain-based health data ecosystem ensures data security and privacy, data interoperability, and the ability to track and trace the data throughout the patient’s journey. The application enables patients, providers, and insurers to share health data in real-time, eliminating lost data, errors, and delays. The adoption of blockchain technology also reduces fraud, increases efficiency, and decentralizes power in the healthcare industry.

How the App Works

The Patientory application is user-friendly and simple to use. Upon signup, users can connect wearable devices, set goals, and track their health records. Patients get personalized insights and can access their medical records and reports to stay informed and monitor their progress. Plus, the application’s dashboard updates in real-time to make every step of the user’s journey easy to understand.

HIPAA Compliance and Assured Privacy

As a blockchain-based health information exchange, Patientory ensures patient privacy and data security with HIPAA compliance. All patient data is encrypted, and only people who have permission can access it. Moreover, patients own their information and can decide who they share it with, empowering them to control their medical journey.

Conclusion

Patientory’s blockchain-based health data ecosystem and “intelligent” health data wallet application offer improved transparency and efficiency in the healthcare industry. The application’s potential to reduce fraud, errors, and delays, while increasing efficiency, make it a great option for those looking for better health management. The collaboration between healthcare stakeholders and blockchain technology shows the power of transformative technologies in healthcare.

FAQs

1. Is Patientory’s health data wallet application safe?
Yes. The Patientory application uses HIPAA-compliant security protocols to ensure patient privacy and data security.
2. How does the application work?
The application allows users to connect wearables, set health goals, and track their records. The app also provides personalized insights and updates in real-time for easy tracking of progress.
3. Who participated in funding Patientory’s latest financing round?
Arlan Hamilton, Colorado Permanente Medical Group, RGA Ventures+Moda Health, Expert Dojo, GlaxoSmithKline, Novartis, and the American Heart Association were among the investors who participated.

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