Robomed Network smart contract to offer cutting-edge solution to global healthcare
Amidst a growing health care demand and a rising cost of delivering health care services, the global healthcare community faces a challenge to provide patients with a quality medical care, and optimal outcomes at an affordable cost.
While some healthcare industry stakeholders are busy debating the complexity of the task, Robomed has just come up with the solution the global healthcare industry have been looking for: Robomed’s smart contact holds a key to the effective and efficient healthcare. Supported by an innovative, blockchain-based Robomed Network, Robomed’s smart contracts are about to penetrate the global healthcare market, as Robomed endeavors to tap into $800 bln US healthcare market expanding from West Europe to all of South Asia, Central Asia, Oceania, MENA region and South America.
Deloitte Global Health Care 2017 report points out that satisfying a growing demand for a quality health care and its rising costs is likely to remain a challenge in the near future. This challenge has to be addressed in order to gain significant clinical and operational improvement.
“Finding a path forward that works for all stakeholders will be difficult but necessary to provide high-quality care and services, equitable access, and optimal outcomes for patients at an affordable cost,” pointed out Dr.Mitch Morris of Deloitte Global Life Sciences and Health Care Industry
With Robomed smart contract, patients obtain the keys to a result-oriented and efficient healthcare. The smart contract bridges patients and multiple healthcare providers across the global borders. The treatment under the smart contract incorporates a constant feedback flow between patients and doctors. As Philipp Mironovich, CEO of the Robomed Network project points out: “The patient does not acquire something unknown but concrete health results. The smart contract consists of a set of clinical recommendations for the treatment where every disease implicates a concrete list of actions».
Robomede clinical guidelines have incorporated the highest standards in medical practices and the extensive medical knowledge generated through collective work of medical experts of such reputable medical organizations as the International Consortium for Health Outcomes -which is a non-profit medical research association based at Harvard University.
Robomed has 2,900 digitalized clinical guidelines on its network connected to over 85 healthcare providers across the continents in Europe, South America and the Middle East, and 1,7 million clients stored in its database.
As Robomed’s research reveals around 28–30% of population in Robomed’s target markets, are the people whose healthcare needs are not met by inadequate state funded medicine or expensive private insurance affiliated clinics.
According to BMI Research report, the expansion of universal healthcare across the regions will enhance the utilization of medical services, as chronic disease cases go up along with the shift in lifestyles and growing ageing population. Consequently, private healthcare providers will be highly active, expanding their presence across the regions and attracting medical tourists to South Asia.
“South Asian markets, especially Thailand, Singapore, India, South Korea and Malaysia are very important to us, as Asian medical destinations continue to offer more and better medical procedures and care than other medical destinations, building good reputations for themselves to attract medical tourism.” — says Mironovich.
As Research and Markets indicated in the “Asia Healthcare Market Report 2017”, Asia healthcare market is expected to grow from over $1,835 billion US in 2016 to over $2,660 billion in 2020. Asian medical tourism market is anticipated to cross US$ 14 billion US mark by 2022.
With Robomed’s smart contract, patients are not restricted to receiving a quality medical care only in one location of his home base, — they can travel across the world and their medical history will appear instantaneously on the Robomed Network affiliated clinic.
Each contract is based on digital clinical guidelines that encompass a course of treatment pertaining to each particular medical case.
«Our project is made to raise the medical services level and make the whole system easier. We want to create a friendly payment system between patient and hospital so that it can secure patient’s rights and motivate clinic in a proper way» — points out Philipp Mironovich.
