The healthcare industry suffers from a number of issues, but of the biggest problems that the healthcare industry suffers from today is interoperability. The unique properties of the blockchain have made the healthcare industry a prime target for distributed ledger innovation, but not all of these platforms are specifically focused on making it easier for patients to gain more control over their medical data.
A new blockchain based platform is aiming to create a global healthcare platform that is specifically focused on reducing clinical and IT systems and administrative costs. Solve.Care offers solutions for consumers, clients, and the healthcare community as a whole, and is about to launch an initial coin offering in order to fund their development process.
In this article, we’ll take a look at the Solve.Care platform and find out what it offers investors to help you determine whether it’s the right investment opportunity for you.
What Is Solve Care?
The Solve.Care platform is aiming squarely at the administrative side of the health care industry, and wants to improve health outcomes by optimizing the administrative and IT process that occur in care coordination. At the same time, Solve.Care also wants to empower consumers with the information they need to effectively manage their healthcare decisions.
The Solve.Care platform is designed to replace redundant and duplicative processes and automate complex and complicated processes in order to dramatically reduce operating costs. By eliminating administrative spending, the Solve.Care platform wants to make healthcare cheaper and more accessible to all participants in the health system.
The unique architecture of Solve.Care also helps to reduce the total amount of fraud, wastage, and abuse in the healthcare industry, as well as promoting higher levels of transparency and accountability. The Solve.Care platform has been featured by media such as the Huffington Post, Business Insider, and NBC, and offers a wide range of benefits.
Consume around the world are able to use the Solve.Care platform and wallet system to make appointments with doctors, check the status of their benefits, find the lowest cost pharmacies in their local area, avoid dangerous drug interactions, manage chronic diseases, and leverage the convenience of the Solve.Care Care.Cards system.
Clients using the Solve.Care platform are able to augment existing administrative systems, and are able to benefit from a dramatically lower monthly cost. The Solve.Care platform delivers insurance management solutions, integrated delivery networks, and is compatible with accountable care organizations, managed care organizations, employer sponsored benefits, and government programs.
Members of the Solve.Care community are able to use the platform to publish Care.Cards, which fall under clinical, administrative, financial, and technical filters. Solve.Care is operating with the goal of reducing the overall cost of administration in the health care industry to less than 3%, eliminate third parties, and eliminate inefficiency.
The Solve Care ICO
The Solve.Care platform will use CAN tokens, which will be used to pay for platform licenses and platform services, as well as pay for processing nodes and transactions, subscriptions for Care.Wallet and Care.Cards, pay for platform extensions, and pay for marketplace offerings.
The Solve.Care platform will release 1290 million CAN tokens, 77.52% of which will be available for purchase during the Solve.Care ICO. a further 11.78% will be reserved for the Solve.Care team, 7.7% for bounties, and 2.95% for a long term foundation budget.
Solve Care Verdict
The Solve.Care project is an interesting approach solving the issue of high administrative costs in the health care industry and, if successful, could potentially lower health care costs worldwide. If you’re interested in participating in the Solve.Care ICO, it goes live on the 21st of Febraury 2018.