First Deployment of Apierion Digital Medical
Identity Technology in Healthcare Provision with Credentialing App,
Enabling Access That Leads to Better Patient Data
Interoperability
VOORHEES, N.J., June 25,
2024 /PRNewswire/ -- Apierion (formerly MAPay, LLC),
the global healthcare fintech company revolutionizing healthcare
payments and data exchange with blockchain innovations, today
announced the live deployment of the Apierion Digital Medical Twin
(DMT) healthcare credentialing application in Bermuda. Following a successful
proof-of-concept delivered last fall, the DMT enables providers to
use a secure data vault for their professional data, expediting
health licensing and enhancing Bermuda's overall healthcare provision.
Typically healthcare credentialing is labor-intensive and not
easily transferable to other necessary recipients including
insurers and government programs. Apierion's Digital Medical Twin
for medical providers, ProDT, streamlines this process, reducing
administrative costs, enhancing population health outcomes, and
empowering cross border standards for sharing of healthcare
resources.
"Apierion's mission to democratize healthcare worldwide begins
with Bermuda, an island that
encapsulates the healthcare challenges affecting communities around
the world," said Michael 'Dersh' Dershem, CEO of Apierion. "The
health challenges we are seeking to overcome are not unique to
Bermuda; they are a microcosm of
the inefficiencies in modern healthcare worldwide. Improving public
health, beginning with digital records and data management with the
Apierion Digital Medical Twin, we can level the playing field,
overcome health inequities and increase data access in countries,
on all continents."
The ground-breaking Digital Medical Twin and accompanying
credentialing app will provide comprehensive assurance to
Bermudians that their local healthcare providers maintain the
necessary training and licensing to deliver high-quality patient
care, while also creating value for providers. The macro goal is
globally standardized processes to provide agility and regulatory
framework across jurisdictions. The Apierion Digital Medical Twin
introduces a dynamic professional electronic representation stored
as an NFT, enabling bi-directional data, payment and messaging.
Health providers will now have a digital identity stored on the
blockchain that authenticates their qualifications and credentials,
dynamically updated with permissionable access for authorized users
for the supported data.
"Apierion's vertical integration of the Digital Medical Twin
across data, healthcare, and monetary development within
permissible guidelines is a monumental step towards providing
efficient healthcare solutions for Bermuda," added Dr Ricky Brathwaite, CEO, of the Bermuda Health
Council.
The Apierion Digital Medical Twin suite offers key features to
the three main stakeholders in medical commerce:
- ProDt: Digital identities and dynamic NFTs for professionals'
information on the blockchain
- MyDT: Patient centric digital identities for individuals'
personal health information
- OrgDt: Digital Identity of the organization such as hospitals,
clinics and insurance companies
Apierion is designed to tackle several fundamental problems in
Bermuda's healthcare sector,
including reducing the cost of care, enabling better allocation of
resources within the medical commerce ecosystem, improving patient
data interoperability, including social determinants of health
(SDOH) and enhancing cross-border care. Prospective regions with
similar challenges such as India,
Africa, South America and the greater LATAM locality,
can also benefit from the revolutionary healthcare ledger
technology.
Kevin Richards formerly with the
Bermuda Authority and now managing director of Bermuda Asset
Management takes special pride as a Bermudian with Apierion's
achievement. "My knowledge of Apierion stretches years to when I
was first introduced to the ambitious team. Dersh bet his
reputation on what he saw in Bermuda as a true 'healthcare revolution' and
a sandbox of possibilities. Now seeing this transformation
happening here locally and being exported as the 'Bermuda principle' is incredibly moving in
many aspects."
Apierion is turning "healthcare to Humancare" with a
healthcare-focused mission currently building and deploying a
technology ecosystem that enables companies and governments around
the world to launch and commercialize applications that reduce
costs, promote interoperability, increase transparency and data
exchange, and empower individuals with control over their personal
health information.
About Apierion:
Apierion (formerly MAPay) is a global
healthcare fintech company that is deploying distributed ledger
technology to power smart contracts, transacting secure medical
solutions. The company has developed a hybrid architecture of both
centralized and decentralized protocols for
multi-party medical payments and HIPAA-compliant data exchange.
MAPay is working in association with hospital networks, practice
management systems, drug companies, insurance payers, pharmacies,
and government entities. The company is committed to empowering
patients and healthcare providers by leveraging blockchain
technology to improve and align incentives, reduce costs, and bring
increased transparency and data exchange. The company believes in
permissible sourced system collaboration, and solution sets that
are economically and socially impactful. To learn more please visit
https://apierion.com/
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SOURCE Apierion