WELL Launches New Blockchain-Based Web Platform

The path towards more streamlined healthcare has just gotten easier with the launch of WELL’s Web Platform. The new platform caters to both patients and providers, delivering convenient healthcare anytime, anywhere. The development will look to shore up any discontinuity between various arms in the healthcare industry, by offering one of the most cost-efficient solutions to date.

WELL’s simple and easy to navigate telemedicine platform bridges patients worldwide to a global network of doctors and other healthcare professionals 24 hours a day, 365 days a year. This connectivity comes with a range of helpful benefits however, by harnessing Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Read this Term technology.

WELL’s Founder and CEO Ildar Fazulyanov was inspired to create WELL in April 2015, following a snowboarding accident that left him frustrated with the inefficiencies of the healthcare system. Founded on the belief that quality care should be available anytime and anywhere, WELL is globalizing healthcare and eliminating country borders to directly connect doctors, therapists, psychologists, and other healthcare specialists with patients worldwide.

Key benefits for patients include immediate appointments at up to 30 percent less than the cost of in-person visits, plus access to interpreters, pharmacies, labs, and medical equipment suppliers. Patients also benefit from WELL’s blockchain structure, which protects patients’ medical and financial data while providing easy, cross-border Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term without high exchange rates, processing fees, or third-party fees.

WELL’s provider features also include remote monitoring, connectivity with patient devices, video and conference capabilities, and the integration of various records systems.

Today, WELL works with companies such as Medicare, myMatrixx, Optum, Century Pacific Medical, Inc., Medi-Cal, Veteran Affairs, Tricare, and Medicare Advantage, among others. The group also works with several HMO/PPO plans, self-pay/private pay, dozens of hospitals, assisted living facilities, hospices, over two hundred home healthcare agencies.

WELL’s global network of clinicians speaks English, Spanish, Chinese, Tagalog, Korean, Armenian, Vietnamese, Farsi, Japanese, Russian, Hebrew and many other languages.

To sign up for WELL’s web platform as either a patient or provider, visit the link and register, or view a demo of the platform using the email addresses patient@demo.com or provider@demo.com along with the password: password.

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