Atlanta, Georgia — March 30, 2023 — Patientory Inc.,the creator of a blockchain-based, HIPAA-compliant, private medical data ecosystem, announced today that it has launched two solutions–Patientory Consumer Decentralized Application-designed to help patients more efficiently and securely store and earn money from their medical data and Neith Enterprise Dashboard in partnership with Prosper Healthtech, a community backed organization committed to equity in Birmingham offering a supportive network of organizations throughout the city, including UAB Hospital, PackHealth, and Blue Cross Blue Shield.
Today, 80% of health data is not readily accessible in order to provide quality care for patients and the remaining 20% are anonymously monetized by data brokers. Patientory is a consumer-facing mobile dApp putting patients in control of the data they create but previously a challenge to control being confined to patient portals. Available on Android and iOS and equipped with tools to promote healthy lifestyles, the Patientory app aggregates medical information and easily integrates with popular mobile apps and wearables to showcase users’ vitals in a uniformed dashboard.
Working in conjunction with the Patientory dApp, Neith is an enterprise-focused Analytics portal that mines both shared consumer health data and the Patientory blockchain network de- identified health data which represents 190M Americans, compatible with open source technologies like ChaptGPT.
“Six in ten American adults, per the CDC, have a chronic illness, which means a large percentage of the population is in constant contact with disparate parts of our sprawling health system,” said Patientory Inc. Founder and CEO Chrissa McFarlane. “Even though patients want a better system, the problem is that hospitals and clinicians keep recording patient information in siloed medical data systems. Unfortunately, transmitting vital private data is a frustrating game of ‘telephone’ for these institutions and their patients.”
Patientory and Neith are both powered by cutting edge technology and built atop the PTOYMatrix, Patientory’s own private blockchain network which raised over $7M in a token launch and now represents 95% of electronic medical record data in the US. The PTOYMatrix ensures patient healthcare data is cryptographically protected and will remain stored in a secure and decentralized manner with storage access managed by the native cryptocurrency $PTOY traded on exchanges listed at www.ptoy.org. The platform recently joined The Sequoia Project, the organization awarded by the federal government to administer The Trusted Exchange Framework and Common Agreement, also known as TEFCA, which outlines a common set of principles, terms, and conditions to support the development of a Common Agreement to enable nationwide exchange of electronic health information (EHI) across disparate health information networks (HINs).
Among other features, the Patientory app harmonizes medical records and wearable device health data to understand how a multitude of factors impact patient health in real time, find trends and curate precise recommendations for users. Its most used feature in Beta, the clinical trial tracker which attracted over 2,000 people to pre-screen allows users to match with clinical trials they are a fit for in proximate geography. The company already recruits for more than a dozen pharmaceutical and research organizations. A premium feature is the care plan that gamifies helping users make healthy choices on a day to day basis to earn rewards.
Neith Enterprise Dashboard includes data management tools, healthcare data and electronic medical records from over 10,000 hospitals, predictive analytics through machine learning algorithms, holistic care plan generation, and increased patient data interoperability.
“The Prosper Healthtech Accelerator builds off the strengths of an ecosystem that includes UAB, Blue Cross Blue Shield, and Therapy Brands along with a burgeoning startup scene,” said Douglas Watson, Managing Director Prosper Healthtech. “This ecosystem will provide our diverse group of founders opportunities for the funding, mentoring, and networking necessary to grow and scale. With companies and founders like Chrissa and Patientory, we are excited to join them on their journey to create solutions that will improve health equity and bring about systematic changes to healthcare as a whole.”
Patientory previously raised an oversubscribed $1.5M pre-seed and grants for the launch of the dApp from notable investors including, BackStage Capital, Arlan Hamilton, Colorado Permanente Medical Group, RGA Ventures + Moda Health, Expert Dojo, GSK, Novartis, American Heart Association, with prestigious honors and awards being named Startup of the Year, World Economic Forum Tech Pioneer, Prixe Galien Finalists in Digital Health for 2 consecutive years and participants in government sponsored programs including NASA iTech Ignite the Night and MassChallenge/HHS Pandemic(X) Program.
Patientory 1.0 is available for download in the iOS and Google Play App Store. To inquire about Neith Enterprise Solution, visit https://patientory.com/join-us/.
The company is currently raising a seed round on Wefunder in partnership with the Wharton Impact Venture Associates (WIVA) at https://wefunder.com/patientory/.
About Patientory
Incorporated in 2015, Patientory Inc. offers a blockchain-based, HIPAA-compliant software platform. Through its two decentralized applications, the NEITH enterprise-focused web portal and the Patientory mobile app, Patientory Inc. empowers patients, medical professionals, and healthcare organizations to securely access, store, and exchange health information in real time with the highest levels of security. As the founding member of the Patientory Association, Patientory Inc. is powered by the PTOYMatrix blockchain network, which facilitates the secure and encrypted storage and exchange of health data. Learn more about Patientory Inc.
