Patientory

At Patientory, we're tackling a significant issue that affects millions of lives daily – the management of personal health data. Globally, more than 60% of deaths are attributed to chronic illnesses, and here in the United States, we're on a mission to make a meaningful impact.

In our home country, 133 million Americans struggle with chronic conditions, with one in four U.S. adults having two or more chronic conditions. The real challenge lies in the daily struggle both patients and providers face when managing health data. The current healthcare system is too generalized, lacking the personalization needed for effective care. Our research indicates that 81%  of adults support increased access to health data for patients and providers, but 62% of citizens express concerns about the electronic management of the information.

Electronic medical records are far from seamless across providers, and essential lifestyle data and social determinants of health (SDOH) are often overlooked in care plans. This oversight results in escalating healthcare costs and poor health outcomes.

The lack of interoperability and access across current management systems creates a fractured view for providers, employers, and pharmaceutical companies. They can't see the complete picture and, consequently, struggle to create efficient care plans for patients without full access to patient data. This absence of accessibility, interoperability, and personalization has led to a surge in chronic illnesses, data breaches, fines, and a decline in patient satisfaction and overall quality of care.

By addressing these challenges head-on, Patientory aims to transform the landscape, starting in the United States and eventually expanding globally. Our goal is to empower patients and providers alike with the tools and insights needed to make informed decisions and improve health outcomes for everyone.

Our commitment is to revolutionize health data ownership, putting control firmly in the hands of individuals for better health outcomes. Our solution encompasses two powerful components: the Patientory mobile app that allows consumers to aggregate and monetize their data and the Neith enterprise analytics software tool.

Patientory Inc. has emerged as a leader in population health data management and analytics. The Patientory mobile app, driven by blockchain technology, provides users with a secure and accessible platform for their health information. This decentralized application compiles diverse data sources, from hospital records to wearable device metrics, creating a unified and comprehensive wellness profile. We empower individuals with targeted insights, allowing them to make informed decisions for their daily health maintenance and improvement.

Complementing the mobile app is Neith, our enterprise solution. As a HIPAA-compliant, disease-agnostic, big data analytics platform, Neith integrates seamlessly with Patientory's mobile app. It facilitates the incorporation of lifestyle data into care plans, streamlining value-based care initiatives and delivering risk-mitigating analytics for pharmaceutical companies. 

Built on the PTOYMatrix blockchain enabled health information exchange network, Patientory ensures that all healthcare data is securely encrypted, providing a robust foundation for individual data consent management. This decentralized approach guarantees data protection and security.

The synergy between the Patientory mobile app and Neith offers increased interoperability, elevating care coordination, ensuring data security, and reducing healthcare costs. It's not just about cutting expenses; it's about enhancing the quality of care plans. Patientory represents a professional and comprehensive solution, driving positive transformations in the healthcare landscape.

Our innovative solution operates on a B2B2C SaaS subscription model, reaching both enterprise entities and individual consumers. Our focus is on directly and meaningfully improving the lives of various stakeholders in the healthcare ecosystem.

For enterprises, we target organizations engaged in clinical trials, insurances, employers, and healthcare providers. Through our secure interoperability, we enhance care coordination and facilitate the extraction of valuable insights from vast healthcare datasets. Leveraging machine learning, specifically predictive analytics, and the PTOYMatrix blockchain-enabled interoperability network, our solutions break down data silos, thereby improving workflows and care coordination across the healthcare landscape.

Simultaneously, our consumer app solution contributes to addressing enterprise challenges. Individual patients and consumers gain a consolidated view of their electronic medical records, lifestyle data from wearable devices, and social determinants of health on one unified platform. This holistic approach allows patients to actively track and improve their health through predictive analytics, gamification, and incentives, culminating in a personalized health score. By enhancing patient satisfaction, our solution not only improves health outcomes but also reduces costs for enterprises.

To ensure our solutions align with the specific needs of our stakeholders, we actively engage with potential customers through surveys, questionnaires, and case studies. This communication ensures a tailored approach, aligning our solutions with their unique pain points and requirements.

Chrissa founded the company in 2015, recognizing the pressing need for more personalized and secure consumer-driven health information systems. With over 10 years of experience in healthcare technology, she not only brings leadership but actively contributes to the industry, co-chairing the HIMSS Blockchain Workgroup and serving on the HIMSS Interoperability Committee. Chrissa holds an MA in Business Management from Wake Forest University and a BA from Cornell University.

Thileepan Sivanandham, our Technical Lead, has been a pivotal part of the Patientory team for over three years, boasting 11 years of experience in software development and startup ventures. 

Our team is more than a collection of academic and professional credentials; we are intimately connected to the communities we serve. Chrissa, as the CEO, has firsthand experience understanding the needs of these communities. Furthermore, our team members bring diverse experiences in business, serial startup founding, and clinical/biomedical research, providing a unique and holistic perspective to successfully launch Patientory and impact our community. Today, Patientory has garnered over 40,000 subscribers, secured 20+ US and international patents, and formed 10 strategic partnerships.

Our definition of success extends beyond metrics; it encompasses the positive impact on community health and increased health equity. Patientory will be considered successful when data collected from communities shows improvement in healthcare accessibility, contributing to overall population health.

Patientory has reached the Growth stage and made significant progress in its mission to revolutionize healthcare. As of Q2 2021, our global community has surpassed 45,000 subscribers who are eager to benefit from our innovative solutions.

We have formed strategic collaborations with more than 17 key partners. Among these partnerships, notable alliances were established with industry leaders such as Google and HHS. These partnerships played a pivotal role in Patientory’s patient recruitment for prominent vaccine trials conducted by Moderna and Novavax. We also established a vital partnership with the Georgia Department of Economic Development/Metro Atlanta Chamber. Notably, We have access to 90% of the US’s health data due to our 10,000 health system integration with 1UpHealth. 

Key performance indicators (KPIs) vividly illustrate the impact of our solution. With a subscriber count surpassing 45,000 and access to patient data from over 10,000 hospitals, we've established ourselves as a crucial player in the healthcare ecosystem. Our involvement in six active clinical trials, including the Moderna COVID-19 trials, showcases our tangible contributions to advancements in medical research.

Our commitment to furthering interoperability on a global scale is reflected in the continuous addition of healthcare organizations to the PTOYMatrix ecosystem. On the consumer front, we gauge success through metrics such as clinical trial enrollees and app downloads, offering insights into the value our solution brings to patients.

Our transition to the Growth stage is substantiated by real-world impact and a thriving community of users and collaborators who stand testament to the transformative potential of Patientory's solutions in the healthcare landscape.

At Patientory, we've embarked on a mission to revolutionize healthcare by tackling the challenges of siloed data management and incomplete information. Our solutions, anchored in the global blockchain-enabled PTOYMatrix, leverage predictive analytics to break down silos, enhance interoperability, and ultimately improve health outcomes on a global scale.

Navigating the healthcare sector, known for its cautious adoption of new technologies, presents unique challenges. Predictive analytics, blockchain, and digital health, while transformative, are still novel concepts in the healthcare landscape. Despite this, we've made significant strides, establishing a robust network of partnerships spanning healthcare providers, clinical trials/pharma, and insurance/employer organizations.

The healthcare industry's traditional pace of adopting innovations poses barriers, and we recognize the importance of overcoming these challenges to fulfill our mission. The slow adoption underscores the need for increased awareness, trust-building, and education among consumers and stakeholders alike.

Partnerships have been instrumental in our marketing, launch, and growth plans. We've harnessed corporate collaborations to refine our pitch and develop compelling use cases. Yet, we recognize that there's room for improvement, and that's where Solve becomes an invaluable partner in our journey.

By applying to Solve, we seek a supportive ecosystem that goes beyond just funding. We aim to leverage Solve's unique network to forge connections with partners who share our vision and can provide the necessary support—be it financial, technical, legal, or market-oriented. Our goal is not just to raise funds but to tap into a community that understands the challenges we face and can offer expertise, mentorship, and strategic guidance.

Together with Solve, we aspire to propel our solutions to new heights, enhance our product, and acquire more customers. We view Solve not just as a program but as a collaborative force that aligns with our mission to revolutionize healthcare through innovative technologies. As we strive for continued growth, Solve's unique ecosystem presents an opportunity to overcome barriers and accelerate the impact of our solutions on a global scale.

Patientory is a pioneering force in the Health IT market, distinguishing itself as one of the first movers to leverage Blockchain technology, a testament to our commitment to innovation in both the corporate and startup landscape. Our solutions cater to the needs of both patients and providers, offering a revolutionary approach to healthcare data management.

At the core of our innovation is the PTOYMatrix network, a HIPAA-compliant blockchain-enabled Health Information Exchange & Storage network administered by the Patientory Association. This infrastructure ensures secure and encrypted storage and exchange of private health information, setting a new standard for data security in the healthcare sector.

Patientory is distinguished from other systems by our strong commitment to improving interoperability, an aspect that is often overlooked in existing systems. In addition to being an early adopter of blockchain technology, we prioritize user-friendly patient data management, which is a unique feature that sets us apart in the market.

Our adaptability is evident in our seamless integration with major EHR systems such as Epic, Cerner, Allscripts, Meditech, and Athenahealth. The integration, coupled with AI services, empowers us to deliver unparalleled insights, enabling better decision-making for both patients and healthcare providers.

Taking a step beyond conventional approaches, Patientory utilizes advanced analytics and machine learning. Real-time patient-generated data captured through our application becomes the foundation for predictive, personalized, and prescriptive recommendations for patient care and healthcare cost reduction. This not only positions Patientory as an innovator in the current landscape but also catalyzes broader positive impacts by setting a new benchmark for the efficient and secure management of health data.

In essence, Patientory is not just transforming the market; we're reshaping the very landscape of healthcare data management, paving the way for a more interconnected, secure, and user-friendly future.

At Patientory, our theory of change centers on leveraging blockchain technology and predictive analytics to revolutionize healthcare. With our solution we establish a clear link between our activities, immediate outputs, and the long term outcomes for our target population.

We are able to address the issue of siloed data management with the inability to monetize individual health health information due to privacy regulations and prioritize interoperability, by seamlessly integrating with major EHR systems like Epic, Cerner, Allscripts, Meditech, and Athenahealth. We ensure that our solution caters to the diverse landscape of healthcare providers, leading to the outcome of more efficient and cohesive data management.

We expect improved health outcomes and reduced healthcare costs through the proactive use of predictive analytics. Predictive analytics models can have a significant impact on healthcare by enabling providers to make better treatment decisions for patients. By analyzing data and identifying patterns and trends, predictive analytics can help healthcare professionals anticipate potential problems and take proactive measures to prevent complications or relapse. This technology has the potential to revolutionize healthcare by improving patient outcomes and reducing healthcare costs. These outputs, supported by evidence from successful partnerships and involvement in clinical trials, pave the way for long-term outcomes.

Notably, a national survey reveals the impact of Electronic Health Records (EHRs) in healthcare, with 88% of providers acknowledging clinical benefits, 94% affirming improved record accessibility at the point of care, and 75% reporting enhanced delivery of patient care. These statistics underscore the tangible impact of our approach, aligning with our vision to transform healthcare through enhanced data management, interoperability, and personalized solutions.

SOURCES:

https://www.healthit.gov/topic...

https://www.foreseemed.com/pre...

At Patientory, our impact goals are rooted in a commitment to revolutionize healthcare by addressing challenges and using innovative solutions. Our primary goal is to bridge the gap between holistic, quality care, and accessibility by enhancing interoperability and understanding social determinants of health. With virtual monitoring, we can provide patients and providers with insights into preventing and treating chronic conditions.

Over the next year, our focus is on expanding the reach of Patientory, intending to achieve a 200% increase in national application usage. We are dedicated to empowering individuals to take control of their health data and actively participate in research and clinical studies, optimizing their overall well-being. This expansion will be achieved through scaling our user base, forging strategic partnerships for broader adoption, and continual enhancements to our technology platform to offer increasingly personalized health insights.

In the next five years, we plan to help over a million people by changing how healthcare data is managed and making it more patient-centered and efficient, encouraging users to adopt healthy behaviors as well as increase clinical trials participation numbers from the 4% of the population. We will achieve this by continuously innovating, using ethical practices, and designing for our users. We'll focus on growing our user base, working with the healthcare industry to advocate for data-driven and patient-centered care, and following data privacy regulations and ethical AI usage to build trust with our users.

By achieving these goals, we hope to contribute to the UN Sustainable Development Goal of Good Health and Well-Being. We believe that by empowering people to control their health data, we can improve their health outcomes and overall well-being.

Patientory is powered by cutting-edge technology, holding five granted patents with an additional 20 patents pending. Our innovative solution utilizes Patientory's Predictive Analytics, which uses a robust framework.:

1. Blockchain-enabled Data Storage: Our system uses blockchain technology to securely store patient data from multiple providers and encounters. This secure technology ensures privacy and patient transparency.

2. Comprehensive Data Aggregation: Patientory is excellent at collecting and analyzing various types of healthcare data, including registries, utilization records, trends, outlier detection, alerts, and impact assessments.

3. AI/ML Integration: An integral part of our approach is the incorporation of an AI/ML layer, seamlessly integrated into both our consumer app (B2C) and enterprise solutions (B2B). This layer analyzes the aggregated data to determine efficient and holistic care plans personalized to each individual.

Moreover, Patientory stands as a trailblazer in the Health IT market by being among the first companies to leverage Blockchain technology. Our products are built on the PTOYMatrix network, a HIPAA-compliant blockchain-enabled Health Information Exchange and Storage network administered by the Patientory Association. This network ensures secure and encrypted storage and exchange of private health information.

Our compatibility extends to major EHR systems, including Epic, Cerner, Allscripts, Meditech, and Athenahealth, further enhanced by AI services to provide insightful data interpretation. Through advanced analytics and machine learning, Patientory utilizes real-time patient-generated data from our application to offer predictive, personalized, and prescriptive recommendations for patient care and healthcare cost reduction.

2 full-time on a fixed contract.

Patientory, Inc. has been working on our healthcare solutions for over eight years since December 2015.

At Patientory, our commitment to fostering diversity, equity, and inclusivity (DEI) is embedded in our organizational culture. Our leadership team reflects a rich tapestry of backgrounds, experiences, and perspectives, embracing the principles of DEI in every aspect of our work. We actively seek to amplify diversity within our team through inclusive hiring practices, recognizing that a broad range of identities and insights enhances our innovation.

We place high value on understanding the socio-cultural contexts of our team members, fostering a global-impact orientation by collaborating with international teams to achieve our mission. To further promote DEI, we've implemented training programs, encouraging open dialogue and awareness among our employees.

Patientory's vision of success extends beyond our internal dynamics; we measure it by the positive impact on community health and increased health equity. We aim to make healthcare more accessible, driving population health improvement through data-driven solutions. Our dedication to DEI values is not only reflected in our team composition but also in our active exploration of partnerships with organizations sharing our commitment to creating a more equitable and inclusive digital health landscape.

At Patientory, our business model revolves around a B2B2C subscription-based service, ensuring that both consumers and enterprises benefit from our innovative solutions. Our engagement strategy encompasses a multi-faceted approach, combining newsletters, blog curation, and participation in global events and trade shows. By actively involving stakeholders through the Patientory Association, we create a collaborative space for shaping the future of blockchain health technology.

Our team of dedicated individuals executes comprehensive marketing plans and organizes trade show events to network with industry giants, fostering market awareness and positioning Patientory as a top-player in the blockchain-enabled health sector. This approach not only builds robust relationships but also prepares a solid go-to-market strategy, emphasizing the importance of diverse stakeholder contributions.

In parallel, our operational model is built on three pillars: technology development, stakeholder engagement, and a data-driven approach. Collaborations with healthcare providers, pharmaceutical companies, and research organizations validate our solution's relevance and create a network effect. We engage with customers through surveys, questionnaires, and case studies to ensure it meets our stakeholder’s needs.

Strategic partnerships ensure access to necessary tools for success, including data access agreements with healthcare providers and the utilization of secure, compliant, and scalable cloud infrastructure. Our phased implementation approach begins with expanding our health data wallet's reach, enhancing AI capabilities, and progressively introducing blockchain technology to achieve secure and interoperable data exchange in healthcare systems.

Throughout this journey, we are committed to monitoring progress and implementing continuous improvements to maximize impact and user satisfaction, aligning with our vision to revolutionize healthcare through technology-driven solutions.

Patientory's approach to financial sustainability centers on a diverse revenue model. Our primary revenue streams include B2B and B2C subscription-based services. Through monthly subscription plans, we generate revenue from individual consumers and organizations seeking our health data management solutions. Strategic partnerships with healthcare organizations, research institutions, and industry stakeholders not only expand our user base but also contribute to our revenue through collaborative initiatives. Our consumer app, designed for individual users, serves as a direct revenue generator, allowing individuals to subscribe to our services. Additionally, our involvement in clinical trials not only aligns with our mission but also introduces another revenue source.

Looking forward, we project that these diversified revenue streams will effectively cover our expected expenses, ensuring long-term financial sustainability. This approach allows us to continue innovating and expanding our services to positively impact health outcomes for our users.

Since our inception in December 2015, Patientory has achieved significant milestones. By 2020, we garnered over 40,000 subscribers, secured 20+ patents, and established 10 strategic partnerships, including notable collaborations with Startup Health, Trialscope, and the Georgia Department of Economic Development/Metro Atlanta Chamber. These partnerships provide direct access to international markets, strengthening our position in the healthcare sector.

Our partnerships extend to technology integration with companies like Blockcypher/Dash for fast payments and fraud reduction in insurance use cases, and Irisguard for secure biometric access in clinical trials. Partnerships with organizations like United Networks of America and the Rochester Center for Health & Technology further validate our relevance and impact in the healthcare landscape.

Patientory's financial standing includes non-dilutive capital funding from Novartis and Women Who Tech in 2020, approval for the National Science Foundation/SBIR Grant phase 1, and recognition as a Top 100 Startup of the Year in 2020. These achievements showcase our ability to secure both financial and strategic support, reinforcing our commitment to sustainable growth in the digital health industry.