News Life and Health06 Sep 2018

Asia:Summus Global & Guardtime to launch blockchain powered medical specialist platform

| 06 Sep 2018

US-based Summus Global, an expert physician network and concierge service, yesterday announced a partnership with leading global healthcare blockchain platform, Guardtime, to deliver next generation virtual health concierge services to the Asia market. They will work with leading global and regional insurance providers to provide services to existing policyholders and penetrate new markets in Asia.

The partnership will create an integrated platform to combine video or voice access to leading medical specialists from anywhere in the world with a GDPR compliant blockchain technology. The platform will enable virtual access within days to leading specialists across all health topics, with a secure, updatable medical records management system that can integrate across existing healthcare networks globally.

Summus Global and Guardtime will be launching this innovative service in Asian markets where there is scarcity of access to leading medical expertise. Full localised concierge operations and translation services will support virtual access to a curated expert network of 4000+ top specialists from leading hospitals.

Summus will provide a virtual platform for leading doctors from top hospitals, including the Hospital for Special Surgery, Stanford Medicine, Mount Sinai, and Massachusetts General, among others. With Guardtime’s HSX health connectivity platform, medical data and images can be transferred from one jurisdiction to another in accordance with local regulatory guidelines for consent, and provide mathematical certainty over the provenance and identity of medical records and devices. This presents a unique opportunity for all players in the healthcare ecosystem: providers and medical institutions, insurers/payers, and end users.

High net worth individuals

The platform and concierge health services will initially target high net worth and mass affluent populations across Asia and also be deployed as a corporate benefit.

With a next generation data and virtual health product, insurers will increase earned premiums and reduce loss or expense ratios:

• Increase premium value with on-demand video or voice access to leading specialists through a secure, cloud-based platform, with the option to create a network of preferred providers to create price efficiencies in accessing the best medical institutions.

• Provide complete medical record integrity to reduce financial liability and enable complete immutability of electronic health data to reduce fraud.

• Consolidate data across all participants to handle claim requests, reduce overhead and enable data driven underwriting and cybersecurity protection.

Julian Flannery, CEO of Summus Global, said, “We are thrilled to be partnering with Guardtime, a pioneer in blockchain technology. The applications to healthcare, in particular, to the integrity of medical records and recording patient consent for data sharing across borders, are significant.”

Glen Ogden, GM of Guardtime Health, added, “Summus is a leader and innovator in specialist medical concierge services. This partnership represents an important milestone to combine a virtual connection to specialist physicians from anywhere in the world with satisfying regulatory consent requirements and providing assurance on the provenance and veracity of a personal care pathway”.


 

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