CareX Healthcare Blockchain Platform Adds Dental Services To Its Portfolio
CareX has reimagined healthcare payment system by building a new way to pay for healthcare services through tokens on blockchain platform. The platform empowers patients to access and exercise control over their health documents and avail healthcare services at a significantly lesser cost. Healthcare providers, too, stand to gain from this platform as it pares down the administrative costs and allows access to an international market of customers. The tokens are registered on the blockchain, so security and transparency are guaranteed across countries.
— CareX Blockchain Platform (@carexblockchain) May 18, 2018
CareX CEO Mike Bishop announced today the inclusion of dental services to the list of discounted options the platform offers to its customers. CareX has entered into agreements with various types of medical treatments which are outside the purview of insurance. It has inked a deal with national stem cell provider Biogenix. Biogenix has been a leading player in preventive and regenerative medicine.
“Our goal is to help people find affordable healthcare by enabling greater choice and transparency,” said CareX COO Jackson Adams. “Many are willing to travel in order to save a lot on their medical bills. For healthcare providers, this is as an opportunity to expand their business.”
CARE token holders get access to CareX wallet, and they get to manage their medical history. The token holders can restrict access to healthcare providers as far as medical records are concerned. The blockchain network facilitates faster payment and transparency in pricing for healthcare services.
Healthcare costs have grown unabated. Patients are the worst affected by the arbitrary pricing of healthcare providers. CareX model of healthcare payment through token can reduce healthcare costs for the end user. Healthcare providers who spend a considerable amount of money on documentation management stand to gain from the CareX platform. It is a win-win situation for both providers and payors.
Image via CareX Facebook Page