Witty Health Announces Launch of Oncology Provider Registration on OncoPower, a Blockchain-based Digital Health Platform
Aug. 20, 2018
HOUSTON--(BUSINESS WIRE)--Aug 20, 2018--Witty Health Inc., a digital therapeutic-blockchain company, announces that secure provider registration is now open for OncoPower, an oncologist-designed, participant owned platform that utilizes blockchain technology and digital health to help improve cancer care and precision medicine by incentivizing participants with Onco; a digitally generated dividend bearing security token. OncoPower helps oncologists build a complete patient treatment history, rewards patients for reporting data and content, facilitates peer to peer virtual consultations, and enables smart-contracts between payers and providers, patients, and pharmaceutical brands to improve medication adherence or report cancer treatment and genetic data.
“We are pleased to be able to leverage the Doximity online platform, enabling oncology providers who are members to join OncoPower with a few clicks,” said Witty Health Co-founder and Chief Oncologist, Karthik Koduru MD. “The practice of Oncology is extremely complex. Understanding significant heterogeneity among tumor types, managing patient response to treatment and staying current on rapid therapeutic advances places a significant burden on community oncologists who may see multiple tumor types each day. OncoPower aims to alleviate these challenges by improving efficiency, delivery of care, and outcomes through patient specific and data-driven smart treatment options.”
OncoPower is powered by a blockchain-integrated digitally generated incentive security called Onco, a dividend bearing security that will power all platform actions and serve as the fuel of the incentivized Onco-economy. With OncoPower, participants are both shareholders and users. They retain both the clinical and social benefits and most of the financial benefit via Onco which is distributed using transparent consensus algorithms.
“We are encouraged that the Center Medicare and Medicaid Services (CMS) is taking positive action around reimbursement for Remote Patient Monitoring and Inter-Professional Consultations, said Manoj Reddy, MD of Baylor Medical Center at Frisco, Texas. "The Smart Cancer Treatment Platform (SmartCTP) and Inter-Professional consult SmartOnc tools on the OncoPower platform specifically address these needs and may have the potential to transform standards of care and improve patient outcomes."
OncoPower is an oncologist-designed and developed to create value for the global cancer community through an incentivized approach using stock options. It is a HIPAA-compliant and uses integrated clinical care and utilizes a social determinants of health (SDoH) approach. It is powered by Onco- a security token as a medium of exchange and to reward value and facilitate smart contracts between community participants. OncoPower was developed by Witty Health, Inc. ( www.wittyhealth.com ), a Houston-based technology company focusing on intelligence-powered, real-time health risk monitoring solutions to improve cancer care. According to IMS and Global Research, the global oncology market participants are projected to spend $150 billion in medications and $120 billion on diagnostics by 2020.
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CONTACT: Witty Health Inc.
Tara DiFlumeri, 908-577-4531
KEYWORD: UNITED STATES NORTH AMERICA TEXAS
INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT HEALTH ONCOLOGY FDA
SOURCE: Witty Health Inc.
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PUB: 08/20/2018 08:00 AM/DISC: 08/20/2018 08:01 AM