DOCSF22: Financing The Vision - Part 2

In this episode, John Bass, founder, and CEO of Hashed Health talks about the future of payments in healthcare systems using Web3 technologies.   Payments are currently a complicated, costly, and inefficient part of healthcare. The health systems and processes in place were designed for a time that has now passed. Many are migrating from the traditional fee-for-service payment models to value-based and risk-based systems. However, there are still challenges to address in these new models as there is a need for more interoperability, automation, and healthcare trust; This is where John believes Web3 technologies can shift the dynamics between commerce and care, taking payments into the future.   Web3 is a new version of the Internet that we all know, organized around individuals rather than being organized around centralized companies with platforms that are owned and governed by a network of curators and artists or individuals who are responsible for the creation and the delivery of value. Here we find commonly used but widely misunderstood terms like the metaverse, cryptocurrencies, DAOs, and NFTs. John uses an example where total knee replacements are sold as NFTs by a group of orthopedic surgeons with a fixed selling price and terms and conditions of purchase. He details the value transfer and explains the benefits of these types of transactions.    Tune in and hear John talk about innovation in payments and Web3 technologies that enable it!

Om Podcasten

The Digital Orthopaedics Conference San Francisco (DOCSF) was created to bridge the worlds of digital health and clinical orthopaedics and thereby catalyze the adoption of technology in musculoskeletal care. This podcast series features key speakers and highlights from the live event. Why orthopaedics? We believe that embedding digital technologies in a narrow integrated vertical is more likely to affect change than targeting one-fifth of the U.S. economy. We also believe that if a conference is to move the ball forward, it needs to target leaders who are positioned to drive change. These leaders want a conference that is practical, identifies solutions to real problems, and that provides perspective from people outside their normal circle. To this end, we invite Health Care, Industry, Finance, Entrepreneurs and Payers to participate. The DOCSF program design uses many educational formats including ‘case studies’ to illustrate success and a broad panel of experts to ask tough questions. And because change does not happen in a vacuum, we include leadership, policy and design segments in the program. Find out more, and register for our next conference, by visiting docsf.health.