50startups

Winners of ‘UK House Of Commons Parliament Awards 2018 - Health IT Innovation’

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Healthcare payments globally are moving to a ‘value based’ approach - meaning the cost of treatment or services is based on performance and patient benefits.
By 2020, Deloitte estimate that 75% of healthcare payments will be value based!

Focusing on outcomes addresses the problem that healthcare systems do not incentivise what actually matters - which is better health for patients.

How healthcare payments are calculated

The Past (fee for service)

  • Number of doctor visits
  • Amount of treatment received
  • Paying for treatments even when they don’t work!

The Future (value based)

  • How well a service was provided
  • How patients benefit
  • If it doesn’t work, you pay less or don’t pay at all!

What we solve

Since outcomes are used to define costs and prices, we use blockchain technology to create a medical information infrastructure that enables all parties to trust this data while sharing it in an immutable and synchronised way.

We also remove the enormous administrative burden of manually reconciling outcomes-based agreements by using smart contracts, reducing costs and increasing efficiency!

DIGIPHARM’S flagship solutions

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REIMBURSE

The first ever blockchain-based solution for performance-based contracting of pharmaceuticals, medical devices and wider healthcare services.

Current obstacles

Trust & transparency of outcomes data

Patient privacy and confidential pricing

Administrative burden of tracking patient outcomes and reconciliation

Patient tracking and fragmented health data

Payment delays and tying up of funds

Many platforms for contracting parties
REIMBURSE USPs

Data integrity and auditability via immutable ledger

Cryptography and private permissioned blockchains

Automation via ‘smart contracts’ enables complex agreements with no additional burden

Digital identities and the ability to connect to various health data sources

Automated settlement and invoicing mechanisms

Global platform for all stakeholders

PIPELINE PROJECTS

The following projects are currently under development and are vital to DIGIPHARM vision of revitalising healthcare.

USE OUR PLATFORM!

DIGIPHARM’S solutions benefit everyone!

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Patients
  • Receive the best treatments
  • Payment based on performance
  • Rewards for data sharing
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Providers
  • Provide optimal basket of therapies
  • Reduced administrative burden
  • Improved collaboration with manufacturers
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Payers
  • Afford to provide the best drugs
  • Only pay for treatments or services that provide value
  • Reduced administrative burden
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Manufacturers
  • Support market access for new or expensive drugs
  • Increased collaboration with health professionals
  • Monitor performance in real-time and take action when required e.g. help patients with compliance issues
GEP

DIGIPHARM are part of the Global Entrepreneur Programme

Partners

HealthCard
Proc-i
Praana-Care
okex
coinall
Engene
encrypgen

Who we work with

pistoia
sehta-logo
smart-dubai
Froriep
Crypto Valley Member
ECH Alliance
Swiss Digital Health
Swiss Digital Health
helathylovedones

Get In Touch

Any questions? Reach out to us and we’ll get back to you shortly.

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