UHX | the Universal Healthcoin and Exchange is “Reinventing Healthcare Delivery and Payment through Blockchain, AI, and Cryptocurrency” as a global decentralized health exchange and payment platform increasing the quality of healthcare while reducing the cost for UHX members. The UHX’s Cognitive Crypto Collaborative Care Platform (C4P) brings People, Providers, and Payers together rewarding and incentivizing behavior modification with the support of the UHX intelligent personal assistants (IPA).
Our vision is to be a global decentralized health cost exchange platform which is customized for each geopolitical use case. We reward for behavior modification, incentivizing wellness through intelligent personal assistants. Further, we deconstruct the boundaries of research, making the latest medical breakthroughs available to care providers and patients alike. We will deliver the very best health care anywhere in the world at the absolute lowest price.
WE ANTICIPATE A 45-55% REDUCTION IN HEALTH COSTS FOR UHX MEMBERS.
Here’s how our model works: UHX calculates cash payments across a blockchain distributed-ledger-system utilizing proprietary algorithms and artificial intelligence (AI) embedded within the system. Care delivery is validated as Health Care Events (HCE) and converted into Blockchain tokens, in real-time to pay health service providers. Blockchain Smart Contracts are then used to cover the healthcare expenses of individuals using UHX. Health service providers are paid at a Negotiated Cash Price built into these digital agreements.
The state of global healthcare is the most important crisis facing mankind today. Today’s $10 trillion cost increased 60% from 2004 to 2014. Consumers of healthcare do not understand why they can not have the same technology conveniences as their banking and shopping experiences offer. Globally, people have the same illness and need for healthcare. Why can’t we work across organizations, medical disciplines and geography to create a healthier world where everyone will benefit?
Point solutions, interoperability and the inability to collaborate/share across a global system are a major issue and part of the problem in global healthcare today.
15% OF THE U.S. HEALTHCARE DOLLAR GOES TO PUSHING PAPER AND BUREAUCRACY RATHER THAN ACTUAL CARE – THAT IS $500 BILLION OF THE $3.35 TRILLION SPENT IN 2017
A recent report by PriceWaterhouseCoopers (PWC) exposes how U.S. costs are shifting from employers and government plans to where consumers are seeing higher, out-of-pocket deductible and co-pay expenditures. This is creating a demand for lower cost and higher quality services among cash paying customers, leading to slower inflation of healthcare prices. PWC believes that this model has run its course and will lead to the return of higher rates of inflation in healthcare.
The U.S. Affordable Care Act’s push to create efficiencies and financial stabilization in recent years through mandates tied to the adoption of information management technology and the realignment of some provider incentives through “Value-based Care” was admirable. The problem is that the program has not achieved the indented goal and consumers are paying more out of pocket. UHX believes, globally, a health delivery system involving the motivations of both health service providers and individual consumers must be created for healthy, sustainable communities.
As a case study, we see the issues of increased healthcare cost and a silo delivery systems are impacting the U.S., however, these factors are replicated globally.
There are many different degrees of healthcare coverage around the world, and sometimes even within each country. Some governments and companies provide “universal” health coverage, but the definition of universal is generally quite limited. Some governments only provide coverage for select groups such as state workers, the impoverished, or the elderly. In some emerging economies, employers and governments lack the resources to fund health services, so much of the healthcare is funded by international charities instead.
A 2016 study of global healthcare funding models found that governments only cover 60% of healthcare costs. The cost of that coverage has increased 60% in ten years. This level of inflation in healthcare costs is not sustainable.
These statistics represent the largest global opportunity for a disruptive business model supported by disruptive technology. Needs are different around the world, and the UHX platform is well positioned to serve the needs of the uninsured and to fill the care gaps for the insured and underinsured.
There is an opportunity for UHX to assist local, state, and national governments in providing access to affordable quality care and to augment current coverage plans for those needs that fall outside of government funding. We believe the UHX will contribute to cost savings and better healthcare for many regions with differing levels of public coverage.
UHX offers an open-sourced, interoperable, and collaborative platform where people, providers, and payers come together on a global scale to solve global health issues.
The time for global healthcare change has arrived due to the enabling drivers of:
UHX C4P Platform Overview & Initial UHX Services
The UHX platform will provide numerous opportunities to build the next generation of consumer and institutional applications for healthcare. The initial platform will build out a secure API services layer that will be the global payment and delivery platform that UHX and our ecosystem of strategic partners will utilize.
The UHX innovative, patent pending, Cognitive Crypto Collaborative Care Platform (C4P) will enable our business and technical vision to globally change healthcare.
Three Perspectives to Deliver Better Healthcare
UHX’s innovative Cognitive Crypto Collaborative Care Platform (C4P) approach to health delivery and payment is integrated in order to break down the silo systems. We are building mobile dApps based on specific to their role requirements, Intelligent – Personal / Provider / Payer – Assistance, to exponentially improve decision-making.
UHX’s open API architecture will support an ecosystem so others can participate in the development and profit by contributing to the community. Each IPA will be powered by blockchain, leveraging AI, employing connected IoT devices, and secure in our cloud environment.
UHX First Service on the C4P Platform – Health Cost Sharing
Healthcare cost sharing organizations (HCSO) are a well-established approach to paying for healthcare with histories going back millennia. The HCSO model is well suited to the disruptive potential of decentralized blockchain technology much in the same way that the taxi industry was disrupted using smartphone technology. Just as Uber, Lyft, and Didi have taken ridesharing and made it a globally dominant transportation model, UHX will create a trusted sharing network to support families and individuals coming together to share their healthcare costs.
In a traditional HCSO, each individual member or member family pays a specific amount every month into their member account. Members who have used health services send their bills into the organization which then pays the healthcare providers.
This is not insurance, but rather a decentralized financial system with no owner, no manager, and no entity taking risk on the liability of payment of the health cost other than the individuals themselves.
There are currently 104 HCSOs in the world that we know of with the largest six in the US supporting 1.4 million members. We believe that this model of managing healthcare costs can be extended to the world by leveraging the potential of the decentralization and consensus building of blockchain.
Founders meet and smash brains on how to solve healthcare finance and payment problems.June, 2017
Research leads to the adoption of blockchain & cryptocurrency as the technology to solve the crisis in healthcare finance and payment.July, 2017
Founders form Universal Healthcoin as a Public Benefit Corporation and commitment to making the solution a reality.August, 2017
Ideas proposed by a close network of experts in healthcare, finance, blockchain, and cryptocurrency.Sept, 2017
Founders begin recruiting the advisory group of diverse and industry experts, mentors and consultants.Nov, 2017
Ideas are finalized for the use of blockchain and a utility token to create an open market, health cost-sharing model with scalability.Jan, 2018
White paper, executive summary, memorandum and website are published.Feb, 2018
Prep for the launch of the public sale of UHX where funding is acquired via pre-purchase discounts of UHX.Mar, 2018
The AML/KYC whitelist is open in preparation for the public sale.May, 2018
The Token Functionality Point (TFP) for the Universal Healthcoin exchange and wallet system is developed in preparation for the Token Sale.June, 2018
UHX Token Sale – Independence from the Centralization of HealthcareSept, 2018
The UHX is released to the community for worldwide access, scaling and adoption.4QTR 2018
To support the UHX business model, a limited number of UHX tokens will be available starting in October 2018. There is an active private SAFTE ongoing now for accredited contributors only.
You may also register to purchase UHX directly via BTC, ETH, XLM or USD today. Please go through our KYC/AML process here: Register
Our business model is simple:
We believe that a focus on delivering increasing value and collaboration to the worldwide healthcare consumer, provider and payer community will drive greater value for everyone in the UHX ecosystem.
The execution of the UHX business model will result in the global success of the community to accomplish this collective vision.
We accept these cryptocurrencies:
Do I believe in: The Need, The Approach, and The Team?
1) The Need
Healthcare is the most basic human need. Globally, healthcare is in a delivery and financial crisis. Increase in chronic diseases are at epidemic proportions which impacting personal quality of life and healthcare costs. The explosion of medical research has made it humanly impossible for providers to stay current. Our health system have become so complex, siloed, and inefficient that it is impacting providers and payers who are losing focus on the patients proactive health. Many experts assess that the $10 trillion healthcare spend has enormous waste due to these issues.
2) The Approach
We are building a global community – a Movement – of enlightened people, providers, and payers motivated to disrupt the siloed status quo and create a new system of quality and efficiency.
UhX approach has been vetted my some of the most experience healthcare and technology professionals. We have confidence our approach will be successful based industry expert feedback, and the number of healthcare industry partners who have joined us. We see the only question is, “How fast and to what global scale will UhX impact global healthcare?”
3) The Team
We have assembled a very diverse group of industry leaders (Healthcare / Technology / Entrepreneur / Broadcasting / Research, etc) with career track records of unquestionable success coupled with a passion and drive for industry disruption. The UhX team, working with over 25 industry leading companies (with over 53,000 medical providers), are driving the Movement for a innovative, democratized healthcare system that delivers the best care at the lowest cost. We are creating a global Movement of like minded people in our UhX team, in our partners and most importantly in our supporters who purchase UhX tokens. Imagine, if you were first in line to help Uber change rideshare and transform the world. Now think about healthcare for you, your family and the global community.