CoinMD Will Streamline Emergency Room Visits

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Healthcare Network Will Make Patient Data Available to ER Staff

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People who are stressed, sick, or injured often communicate poorly about their medical history when they arrive at the ER. CoinMD will solve that problem.

Many doctors recommend that everyone carry a list of any allergies, prescriptions, and chronic conditions in their wallet or handbag. During a medical emergency, this list can be a lifesaver. Yet how many people actually do it?

Without this list, ER staff query each patient for any allergies, prescriptions, or chronic conditions. But most patients offer incomplete information, since they’re confused or even unresponsive.

This can delay emergency procedures, forcing ER physicians to do routine tests and observations of the patient’s basic health before they begin to provide emergency care. Any information gaps can have serious effects on the outcome of an ER visit.

For example, unexpected drug interactions or unknown allergies can complicate otherwise simple life-saving treatments.

Do ER physicians have to rely on a scribbled piece of paper, a patient’s fuzzy memory, or their own rushed observations? CoinMD has a better answer.

"People who are stressed, confused, sick, or injured often communicate poorly about their medical history. ER doctors say most patients they see skip important details without even realizing it,” says Thomas McMurrain, CEO of CoinMD. “Our network’s unique medical profiles will solve that problem by showing ER physicians everything they need to know about a person’s medical record, quickly and securely."

CoinMD is a private healthcare network powered by its own cryptocurrency, like Bitcoin for healthcare. Once the CoinMD ecosystem is fully developed, the complete medical record of every member will be securely encrypted using blockchain technology. Each member's medical data will be encoded into their smartphone, ready to display as a QR code that can be scanned by another authorized smartphone in a flash.

This will eliminate the need for hospitals to rely on incomplete medical data from their normal data providers. Any physician in any hospital that belongs to the network can see every allergy, checkup, procedure, and prescription in the file of any patient who comes to the ER, even if they’re unconscious.

There are two key benefits to making patient data quickly and securely available to doctors.

First, ER technicians will not need to run extra tests or make observations that eat up valuable time in emergencies. These will be redundant when doctors already have the patient’s complete medical profile.

Second, as uncertainty decreases, the speed and effectiveness of care can improve. For example, since any ER doctor can instantly see the CoinMD member’s blood type, they will not have to wait for bloodwork results before giving a properly matched transfusion.

Of course, the CoinMD infrastructure will comply with all government regulations and privacy laws such as the Health Insurance Portability and Accountability Act (HIPAA). CoinMD will use advanced encryption to ensure that all private medical data remains private and accessible only by qualified medical staff when they need it.

About CoinMD

CoinMD, Inc. is a private membership network designed to make healthcare more affordable. Linking world-class healthcare providers with an active pool of consumers, CoinMD uses the buying power of the network to negotiate deals that lower costs for members. The network also enables members to earn CoinRewards by making insurance payments on time, using in-network health and wellness providers, and sharing CoinMD with other people.

CoinMD uses a new cryptocurrency powered by a secure blockchain and designed to gain value over time, instead of losing value like national currencies. Anyone of any age—seniors, Baby Boomers, Generation Xers, or Millennials—can join CoinMD to benefit from lower costs today and a more secure retirement tomorrow.

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Janet Gauthier
+1 (575) 779-5175
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Tom McMurrain
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