Cardano’s Hoskinson Invests $200 Million to Revamp US Healthcare System
Charles Hoskinson, founder of Cardano and co-founder of Ethereum, criticized the American healthcare system, stating it functions profitably but inefficiently. He announced a $200 million investment in a new medical center in Gillette, Wyoming, aiming to provide patient-centered care without charging those who cannot pay.
Main Issues Identified
- Current payment structures incentivize uniform treatment regardless of individual patient needs.
- This model discourages coordination and long-term planning among healthcare providers.
- Chronic treatments benefit from keeping patients unwell.
Proposed Patient-Centric Solution
- A facility focused on patient care rather than billing codes.
- Utilization of AI to support physicians, enhance care plans, and ensure real-time patient history auditing.
- Incorporation of blockchain technology for secure data handling.
- Plans for open-sourcing the entire healthcare model to encourage replication.
- Advocacy for a policy reset on health insurance coverage.
Despite his vision, Hoskinson faces resistance from traditional healthcare institutions, claiming they hinder the credentialing process for doctors at his center. He views this project as a legacy effort, emphasizing its importance for America's future.