Discover more from Artivatic Insurtech & Healthtech - AI/GenAI/SaaS Insights
Web 3.0 and its massive use cases for Healthcare Sector
Let’s imagine a web tool that’s a combination of physician social networking sites, artificial intelligence-based knowledge platforms,s and online EMR accessing the web-based portal, say something like a mix of “Doximity-Modernizing Medicine-Mother knows.” Such web tools would be the face of “the next generation healthcare”. This single tool can provide all the patient-related health information with possible treatment suggestions supported by medical literature. If the physician wants the option for case discussion and consultation with other physicians anywhere in the world, it will be just a click away!
The “Third Generation Web” or the “Semantic Web” was rightfully termed as the “Web 3.0” by John Markoff in 2006. The Web 3.0 version of the internet signifies a revolution of the web- more analytical, inter-connected, and high level of machine reasoning, making the web experience more realistic for the user.
The blending of Web 3.0 ideas with healthcare is termed “Health 3.0”; it is a health-centric approach that will allow the patients to access an improved healthcare facility. The idea of Health 3.0 is not only to make healthcare more accessible and user-friendly but also to make the patient more responsible for their own health.
Key Features of Health 3.0
Smart predictive personalized health information
Smart digital healing
Interactive healthcare collaboration
Health 3.0 is one of the cutting-edge health care approaches with two vital considerations- a better user web experience and an improved healthcare system. It is dependent on the “fusion-retrieval” approach where the web 3.0 tools will be able to retrieve the entire patient’s health-related information from the medical records and medical transaction history; it will then combine this information and provide precise health information to the healthcare professionals. This will aid the physicians to make swift and accurate clinical decisions.
Trends in Health 3.0
The craze for mobile-based healthcare is increasing day by day. According to research performed by Pew Research Center, 58% of the total US population owns smartphones, and out of that 19% of users use healthcare apps for tracking health data or fitness levels. In today’s advanced world, the use of Mobile Health by people is changing and making healthcare more convenient, accessible, and cost-effective.
2. Big Data Analytics
The introduction of Health 3.0 led to the market for big data analytics, as the main aim is to offer high-quality, less expensive patient-centered healthcare. Analysis of the health data will allow predicting the risk potentials and identifying the risk patterns. The insight of information gathered from big data analytics will help the healthcare industry to understand and identify the existent gaps and flaws in the healthcare system and work upon them.
3. Digital Healing
According to research done by the National Institute of Health (NIH), 53.5% of patients use the Internet for gathering health-related information. The usage of the internet by the patients to find answers for the health issues, assistance for coping with the problem, mental support, and relief, and help to decide the next step for overcoming the problem. The introduction of Health 3.0 is allowing the patients to be part of online virtual health communities, to discuss and share their problems with other patients or physicians.
The healthcare sector is “changing gears” towards a new preventative health care approach. Innovative approaches like gamification of healthcare are getting popular amongst the patients. The gamification of healthcare can serve the purpose of encouraging patient engagement and self-health accountability. Gamification can turn boring and involves tedious exercises to make it into fun-filled activities. Source
In a nutshell, the outlook of healthcare is changing towards a more personalized form of health care leading to the demand for more collaborative and innovative approaches amongst the healthcare providers.
Artivatic is one such insurtech start-up company that is a pioneer in building the next-gen insurtech platform- ASPIRE 360 that leverages the future power of web 3.0 to build next-gen shared & automated healthcare systems.
ASPIRE360 is a health dashboard & platform which provide benefits like:
Health products and health profiling for patients
Fitness, wellness and environmental connect & disease recommendation
Family, rewards, activities, engagement, and communication
Claims Filing, update & alert
Instant claims Payout
Health Risk Scoring and Insights
Preventive health advisory
Medical records and consent management
Payment & Transactions
Transaction based insurance
Policy Update, Addition, and record
Claims History & Alerts
Video communication and Support
Buy Insurance Products
ASPIRE 360 vision is to build a next-gen ecosystem that decentralizes the entire network for hospitals, OPDs, Doctors, Mental health & wellness, and Pharmacy on a single chain.
It is a SaaS Driven platform that allows a network to connect via single APIs and with driven workflow built on Web 3.0.