Improving Patient Outcomes With Blockchain

According to the American Cancer Society, cancer is the second leading cause of death in America, taking more than half a million lives each year. One in four Americans- 1,500 lives lost each day. The years of life lost due to premature deaths, the economic burden due to lost productivity, the costs associated with illness and therapy, and the long-term effects of cancer on the quality of life for survivors take a toll at state levels in the United States. With an aging population retiring and moving to Florida, it is not surprising that the state has the second highest cancer burden in the nation and has been Florida’s No. 1 killer since 2011. Additional sobering statistics include the following:

• Cancer surpassed heart disease as the leading cause of death for Floridians. An average of 100,000 new cancers are diagnosed and reported each year to the statewide cancer registry, the Florida Cancer Data System.
• About a third of the most common cancers are due to lifestyles — poor diet, obesity and lack of physical activity, according to the National Cancer Institute.
• The 10 common cancers that are most receptive to prevention and early detection include: Breast, cervical, childhood, colorectal, lung, lymphoma, oral and pharyngeal, ovarian, prostate and melanoma of the skin.
• The median charge per cancer hospitalization for all cancers in Florida in 2015 was $67,471.

Rapidly emerging novel treatments in oncology, particularly in advanced disease, mean that more patients are living longer. As such, extending survival while maintaining or improving quality of life is the desired therapeutic outcome. This changing landscape has many implications, including the need for tools that help clinicians, organizations and institutions involved in cancer care collect, evaluate and share outcomes data. However, healthcare information silos can contribute to suboptimal patient care. Communication among patient’s healthcare teams is often disjointed and vital connections and collaborations amongst clinicians and data producers are lost under the burden of disenfranchised, siloed, manual, chart-abstracted data collection.

Improving care transitions through integrated care and seamlessly exchanging data through interoperability are essential ingredients for better patient outcomes measurement. As such, BlockSpaces is working with a client to create a secure outcomes data collection tracking system which is built upon a novel blockchain and artificial intelligence stack. The system is sharable among multiple healthcare providers in real time and accessible to interdisciplinary healthcare teams, and provides an immutable, transparent and secure system of record for sensitive healthcare data.

To learn more about the use case and to schedule time to talk with our team, please visit our website https://blockspaces.io/storsYou can also tune in virtually, on Friday, August 7, 2020, at 10am EST to hear BlockSpaces Co-Founder Rosa Shores discuss how improving patient health outcomes with blockchain technology, also impacts the mental well being of patients with chronic disease, including cancer. This is a digital health conference with a cause! Proceeds from the conference will go towards helping children with cancer in Tampa Bay.

About Disrupt the Bay 2020:

Help fight against kids’ cancers by joining Disrupt the Bay 2020! A Digital Tech Conference with a Cause! We have an exciting lineup including John Nosta and Scott Arnold, very prominent healthcare disruptors as our keynote speakers, local chief level executives from the healthcare industry, and multiple healthcare technology startups from Tampa Bay that are leveraging innovative technologies to improve healthcare and other industry services. https://www.disruptthebay.org/