Etherisc and VerityCare announce Strategic Partnership to revolutionize Healthcare Insurance
Etherisc, the leading decentralized insurance platform, and VerityCare, a pioneering healthcare technology company, are excited to announce a strategic partnership aimed at transforming the healthcare insurance industry.
The partnership leverages the innovative capabilities of both organizations to create a seamless, efficient, and cost-effective healthcare insurance solution that puts the needs of patients and healthcare providers first.
Etherisc’s blockchain-based insurance platform has gained recognition for its ability to provide transparent, automated, and trustless insurance products. With VerityCare’s cutting-edge healthcare technology, this collaboration aims to enable:
- Streamline Processing: The partnership will use blockchain technology to create a transparent and secure system for processing parametric, value-based health insurance transactions. Patients and healthcare providers can expect faster reimbursements and reduced administrative overhead.
- Personalized Insurance Plans: VerityCare’s data analytics and patient-centric approach will be integrated with Etherisc’s platform to offer tailored insurance plans that cater to individual healthcare needs and preferences.
- Data Security: Both companies are committed to maintaining the highest standards of data security and privacy, ensuring that sensitive healthcare information is protected at all times, compliant with HIPAA requirements.
- Cost Reduction: By reducing administrative costs and optimizing insurance plans, the partnership aims to make healthcare insurance more affordable for individuals and healthcare providers alike.
- Healthcare Innovation: Etherisc and VerityCare will collaborate to promote innovation in the healthcare industry, driving advancements in telemedicine, preventative care, and patient outcomes.
Christoph Mussenbrock, CEO and Co-Founder of Etherisc, expressed his enthusiasm: “We’re excited to work with VerityCare to revolutionize healthcare insurance. Our technology can bring much-needed transparency and efficiency to the industry, and VerityCare’s healthcare expertise will help us create a solution that truly meets the needs of patients and healthcare providers.”
Dennis Picha, CEO of VerityCare, shared his thoughts: “We believe that the future of healthcare insurance should be patient-centred and driven by technology that enhances the healthcare experience. Our partnership with Etherisc aligns perfectly with this vision, and we’re eager to embark on this journey.”
The Etherisc and VerityCare partnership is set to bring about a new era of healthcare insurance, offering customers a more secure, efficient, and cost-effective experience.
About Etherisc
Etherisc revolutionises insurance. By harnessing the power of blockchain technology, Etherisc innovates to make insurance cheaper, faster, more transparent and accessible while unlocking new investment opportunities. On Etherisc’s Generic Insurance Framework (GIF), external parties can build decentralized insurance projects. Its open-source common infrastructure, product templates, and insurance license-as-a-service enable the seamless and efficient creation of fully automated insurance products with increased transparency and fairness for all parties. Reach out to us, or visit etherisc.com.
About VerityCare
VerityCare is an Accountable Care Organization based in Fresco, Texas made up of groups of doctors, hospitals, and other health care providers, who come together voluntarily to provide coordinated high-quality care to the employees of midsized companies. The company is a specialized benefits manager of high-risk, high-cost medical conditions, providing personalized healthcare that helps ensure that patients, especially the chronically ill, get the right care at the right time, with the goal of avoiding unnecessary duplication of services and preventing medical errors.
