CareX Blockchain Platform for Healthcare

Venkat Garikapati Chairman and Chief Executive Officer of Scottline Healthcare Solutions Inc, Scottline Foods & Beverages and Texas Energy Products Inc. https://www.linkedin.com/in/venkat-garikapati/ Born: Dec 7th, 1980, Guntur, Andhra Pradesh, India Current Residence: Houston, Texas, USA Country of Citizenship: India Occupation: Chairman, CEO Scottline Group of Companies. Net worth: US$38Million Education: Master’s in Information Technology, Bharathidasan University, TN, INDIA. Venkat Garikapati, CEO & founder of Scottline Healthcare Solutions Inc, is building a blockchain based healthcare marketplace. He is leading the development of Scottline Health’s core products and infrastructure. He serves as the principal solution architect and product visionary for the company’s cloud-based big data, data warehousing and Business Intelligence applications. Venkat is a successful serial entre

HOUSTON ,  Nov. 21, 2017  /PRNewswire/ -- Not everyone has been waiting for Congress to improve the chaotic and expensive situation in American healthcare. A new company based in  Texas  sees the promise of a solution in the blockchain. By using the blockchain to make secure healthcare transactions, the CareX Blockchain Platform will reduce the cost for services like doctor visits or trips to the emergency room. "There's at least one simple reason health care expenses have gone up so much--paperwork," said CareX Blockchain Platform CEO  Mike Bishop . "Somebody has to be paid to do all the paperwork and make sure it results in money coming in." CareX estimates patients could get discounts as big as 40 percent off the "Usual and Customary" rate. "Doctors love the idea, because they are getting a solution to their medical records problem, they are paid immediately with something that has inherent value, and they can keep track of

HOUSTON, Dec. 05, 2017 (GLOBE NEWSWIRE) -- By creating a secure platform for people to store their health records and shop for medical providers, one new company out of Houston plans to revitalize the American healthcare market.  “Compare the experience of buying a product like a television with going to the doctor or hospital,” says CareX Blockchain Platform CEO Mike Bishop. “What is the biggest difference? With televisions, prices are transparent, but healthcare providers?--not so much.” The CareX platform will change this by enabling medical providers to share their prices for various procedures in an open and upfront manner, using an alternative payment system built on digital tokens. “Think of CARE tokens like a frequent flyer account,” says Bishop. “You can earn or store tokens and use them when you need to go to the doctor or hospital.” Making it possible for healthcare consumers to compare prices means healthcare providers can compete for business they may n