Post
Topic
Board Tokens (Altcoins)
Re: ANN [PTOY] Patientory Healthcare on the Blockchain
by
Sunshiney
on 03/10/2017, 14:04:07 UTC
This project has resulted in a clinician strongly calling into question the reputation, claims, team and approach of PTOY on reddit under r/cryptocurrency.   As someone whose family members have suffered from the medical communities failure to find a common-sense way to make our medical records seamlessly available, I am a strong advocate of change in this arena.  If PTOY is the answer, I'd like its leaders to refute the claims made by the clinician dr_blockchain on that reddit.  Here is a copy/paste:

Background: Recently I attended a CIO roundtable where we had participants from most midwest and east coast health systems + 1 national health system. One of the topics discussed was blockchain.
We reached a consensus that for the following reasons blockchain solutions will not be deployed at scale in the US within the foreseeable future:
(1) Incumbent major EHR companies and their strongholds in health systems' IT departments
(2) Industry regulations and lack of guidelines/compliance measures
(3) Potential implementation costs
(4) Technical challenges vis-a-vis blockchain in medical record management that are yet to be resolved! See the MIT case study!
(5) Healthcare systems are the most risk averse corporations you can find - cultural challenges
A couple major red flags about patientory(PTOY):
1-Their team is severely underequipped to handle what they claim. They lack not only the technical expertise but also the management capabilities to build meaningful senior executive relationships
2-They are outrageously overstating their "partnerships". One of the roundtable attendants knows Rick Daniels and knows for a fact that KP (Kaiser) is not pursuing any blockchain solutions at scale.
Calling out Michael Rubin (the Director of Communications for Patientory) - Patientory's claims of partnering with Kaiser bordering on fraud. I strongly recommend that you take Kaiser's logo off your website. You are misleading token holders for monetary gain.
PTOY's partnership with Kaiser is probably the pet project of a mid-level manager (director of X at a regional market) at most. Their other partnerships are basically incubators that provided them early funding to test out ideas.
3-Their "foundation"...Does anyone seriously think that a CIO would pay up $250K to become the member of an obscure entity that has no industry relevance?
Stay away. This company will be on the news like Theranos. Soon.