by The Welthi Bureau | 30TH AUGUST, 2018
Hyderabad, Thursday, August 30th, 2018: Asia’s first block chain enabled mobile app in healthcare - HealthPro was launched in the city today by the Chief Guest Mr. Riho Kruuv, Ambassador of Estonia to India along with Dr. Kasu Prasad Reddy, Chairman- Kare4U. The press conference was also attended by renowned medical experts such as Mr. K. G. Krishnamoorthy Rao, CEO – Future Generali, Rajiv Mishra, CMO – Apollo Hospitals and others.
HealthPro app is a collaborative platform for all stakeholders – hospitals, doctors, diagnostic centers, pharmacies, insurance and consumer/corporate customers – making healthcare affordable and accessible. It is a trusted and reliable platform for clinics and hospitals that helps operational efficiency and growth with better patient engagement, while insurance, financiers, pharmacies, diagnostics and wellness practitioners become accessible to the consumer, making it the one stop health hub.
Mr. Riho Kruuv, Ambassador of Estonia to India shared his views about the revolutionary technology and said, "Although block chain has only become a hot technology in recent years, Estonia is leading the way in the block chain revolution". After Estonia’s experience with the 2007 cyber attacks, scalable block chain technology was developed by the Estonian block chain company guard time. Block chain technology itself does not secure the data, but works like a speed camera that detects who has violated the law, when and how. Estonia uses the block chain technology in its data registries, such as the national health, judicial, legislative, security and commercial code systems, personal medicine, and data embassies. "Having a revolutionary technology like HealthPro that is patient centric and operationally efficient for the hospitals will prove to be a great boon in no time.”
Addressing the media, Dr. Kasu Prasad Reddy, Chairman Kare4U said, “HealthPro is a first of its kind consumer centric comprehensive platform that makes proactive care possible for the society at large and is powered by innovative technologies like AI and Block chain". This has the potential to transform healthcare industry to be patient centric within the healthcare ecosystem by increasing security, privacy, engagement and interoperability of the health data. People may not need to look beyond us in future for any and every healthcare needs they might have. Beyond the point, Kare4U will ensure easy finance options to the patients to ensure that no one goes without treatment when they have critical disease.
Mr. K.G. Krishnamoorthy Rao, Managing Director and Chief Executive Officer, Future Generali India Insurance added “The long overdue innovations in Health Insurance now seem to be finally happening with this block chain implementation. We have announced plans of implementing a pilot program using block chain technology with 65 hospitals through partnership of Kare4U to do instant claims settlement using block chain. This solution will make claims processing faster, consistent and convenient for our customers. Due to dispersed documentation and filings among the various stakeholders in the insurance network, documentation is always a challenge. We at Future Generali envisage paperless claim adjudication leveraging block chain network. The feature would be extended and made available to the end customers and providers to initiate pre-approval. Block chain’s added security and ability to establish trust between various stakeholders improves mutual accountability. An interoperable and comprehensive health record on the block chain can be pulled directly from existing EHRs in hospitals. This initiative is part of our strategy to experiment and develop proofs of concept to leverage block chain to create next-generation products and services featuring more interactive relationships with their policyholders.
Some of the most reputed hospitals that have tied – up with Kare4U for HealthPro are Sunshine Hospitals, STAR Hospitals, Pranaam Hospitals, KIMS Bhubaneswar, Apollo Hospitals, The EYE Foundation, Maxcure Hospitals, Bhakti Vedanta Hospitals, Future Generali and more.
Kare4U is an emerging healthcare technology solution provider that brings all entities - Hospital, Doctor, Clinic, Diagnostic Centre, Pharmacy and People (Consumer of the Healthcare Service) - within the Healthcare industry on a common collaborative platform. Leveraging the advancement in technology, influence of social media and ubiquitous of smartphones (Internet), there was a necessity to digitize Healthcare within the developing countries and globally, thereby, building next-generation integrated healthcare platform -making healthcare accessible and affordable.
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