Medical claims are at the center of healthcare processes. Rhiza Health offers a real-time shared claims workflow. The blockchain powered process drastically reduces denials, pays providers at time of service and allows health plans to share the cost of claims processing infrastructure. Currently the US healthcare system wastes roughly $1 trillion per year. Rhiza is committed to providing open, accessible, community owned products that enable collaboration and meaningful change.
More information
Create decentralized (Web 3) protocol(s) that bring efficiency, transparency and community empowerment to Healthcare. The medical claims process needs Web 3. This was true in 2016 when this whitepaper was selected as one of the winners of the ONC/HHS whitepaper challenge, but the technology was not ready. The technology is ready now.
Healthcare needs to lay down some new technical “roots”. Rhiza – comes from the Greek word for root. It is pronounced “rye-za”. Some scientist believe trees communicate via roots “mycorrhizal networks” - source
Today the doctor sends the claim data through a complex journey of integrations
(clearinghouses), data scrubbing and transformation to comply with different interpretations of standards. At
the end of this journey is the logic needed to process a claim is at the end of this complex
journey
Rhiza utilizes blockchain to make the logic accessible to the provider who can process the
claim immediately. If there is an error, the logic sends a response with a error and a detailed reason so the
error can be addressed immediately. Settlement, the payment for the claim and the calculation of the patient
responsibility also occurs in near real time so collection can occur at time of service, just like every other
industry.
Most importantly, Rhiza will be decentralized and owned by the community, NOT by a profit
seeking incumbent. This community ownership, as demonstrated by other successful Web 3 efforts, allows Rhiza
to be a utility for the industry, not another greedy, rent seeking company that adds more waste to the overall
system. If you want to learn more, follow us on Twitter.
Rhiza Health is in the process of building up the FAQ materials, send us your questions via Twitter or Email and we will not only answer but also incorporate frequent questions into the below.
Information that is private is NOT stored on the public blockchain. Instead URLs that serve as pointers to where that information can be found are stored along with a one way hash of the data to validate the data has not changed.
The Rhiza Health twitter account is the best source of information in real-time. We are working to finalize a whitepaper however many of the ideas that serve as the foundation for Rhiza Health can be found in this prior whitepaper on the topic.
A target date has not been committed to at this point. Right now the team is working with strategic partners to build, implement and verify the MVP. When a target date is set it will be widely communicated.
Experiences on the team include writing the 2016 whitepaper on this subject as well as co-founding and serving in a leadership role with the Synaptic Health Alliance. Rhiza has a good foundation of experience but is always looking for others that want to lean into this effort as it will take a community to deliver. If you are interested in joining that community send a note to info@rhiza.health.
Today, Rhiza Health is set up as a "For Public Benefit" Corporation. The intent is that governance will transition from the current core contributors to a larger community over time.
Currently there is not a token but an approach is being finalized.
