This episode is with Philip Parker, Chief Operating Officer, from Coral Health. Coral Health is based in Vancouver Canada and has been building their app with user experience and data interoperability as their focus. They want to bring personalized medicine to the patient via blockchain and SMART on FHIR protocols.
•SMART (Substitutable Medical Apps, Reusable Technology) on FHIR (Fast Healthcare Interoperability Resources) protocols
•Blockchain benefits
•Working with Patient Advocacy groups
•Prior Authorization process is wasteful and can be improved with data interoperability between payers and providers.
•CoverMyMeds streamlines the medication PA process, electronically connecting providers, pharmacists and plan/PBMs. CoverMyMeds was acquired by McKesson Corporation in 2017
•$1.3 trillion annual healthare spending in US may be categorized as wasteful or of no value to patients- admin complexity, fraud, abuse, poor coordination.
•Adverse effects from drug to drug interactions is a major cause of hospital admissions
•As a company using a permissioned blockchain, what do you think are some advantages of using a public blockchain?
•What does personalized medicine mean to you?
•Importance of Longitudinal health data
•Many clinical trial recruitment is still being done with train station advertisements- very inefficient/ineffective/expensive
•Observational/Longitudinal studies can be drastically improved with a platform like Coral Health
Links:
Homepage: https://mycoralhealth.com/
Access to the app: https://medium.com/@mycoralhealth/introducing-coral-health-records-the-easiest-way-to-access-control-your-health-records-on-apple-5335127f2fbe For early access to test app, email:
[email protected]
FHIR Index: https://www.hl7.org/fhir