The acquisition brings together Hu-manity.co’s blockchain-backed consent and authorization management platform with Betterpath’s Compass, Sonar, and Lumos technologies creating a combined capability to unlock some of the 80% of healthcare data that is currently not available to patients, providers, or clinical researchers.
PRINCETON, NEW JERSEY – Apr 30 – (BUSINESS WIRE)
Hu-manity.co, the company bringing individuals and corporations into a consumer-inclusive data economy, announced the acquisition of Betterpath, a four-year-old Brooklyn, New York company with unique technologies, which works on behalf of patients to search, find, and improve healthcare data that is currently difficult to access. The combined organization creates a powerful combination of Consumer Consent as a Service, and healthcare’s untapped datasets. Patients empowered with consent via Hu-manity.co’s #My31 app for Apple and Android will be able to request deep clinical datasets from hospitals, clinics, and laboratories which are often still on paper, behind fax machines, unstructured and referred to by Andreessen Horowitz’s general partner Vijay Pande, as healthcare’s “Dark Data”.
Matt Sinderbrand, CEO and co-founder of Betterpath will join Hu-manity.co as Senior Vice President, Chief Product Officer as well as a member of the Hu-manity.co Board of Directors. “The track and trace of consent and authorization model that Hu-manity.co has brought to market has been what is missing in healthcare data from the inception” states Sinderbrand. “The simple idea that we should put the consumer (the patient) into the center of the healthcare data supply chain with ownership rights literally at their fingertips is both powerful, and timely.”
Sinderbrand started Betterpath after experiencing first-hand his sister’s struggle with accessing her own healthcare data while battling Crohn’s disease, and as a result prioritized the training of Betterpath’s Lumos medical natural language understanding to learn more than 100,000 biomedical-terms, synonyms, relationships, and structured codes. In honor of his sister’s condition, the first disease vocabulary programmed was Inflammatory Bowel Disease.
“I’ve seen and evaluated technology for two decades. The Betterpath architecture, stack, and scalability is one of the best I have seen to date in healthcare data retrieval,” says Richie Etwaru, CEO of Hu-manity.co. “Matt is a first-class citizen in the new cohort of healthcare data experts; he has learned more over the past four years while getting the technology ready than most of the healthcare venture community combined.” The Betterpath technology core includes Amazon Web Services, React, Datomic, Docker, Cassandra, and Scala wrapped by fax automation, real time APIs, trained Optical Character Recognition, the NPI database, the Unified Medical Language System, and a patented process of medical natural language training and understanding.
With this acquisition Hu-manity.co adds two patents to its intellectual property portfolio and now operates an IRB approved observational research cohort that enables healthcare’s dark data to be used for FDA regulated clinical trials powering the discovery of transformational medicine.
Hu-manity.co is the world’s first and only organization developing human rights and corollary sovereign laws in a decentralized manner on blockchains. The company has headquarters in New Jersey, USA and operates in multiple countries. The leadership team includes over two dozen senior executives from Fortune 500 companies, academic scholars, and senior policy advisors from North America, Europe, Australia and Africa. The vision of Hu-manity.co is a world where the next generation of human rights and policies emerge from a balance of centralized power and decentralized technologically empowered communities. The mission is to create the 31st Human Right in a decentralized manner as an example for other organizations and visionaries to follow.
For more information please visit hu-manity.co
We believe that individuals, providers and researchers need a path to improving healthcare enabled by data. Betterpath is a healthcare technology company building software that powers individuals, healthcare providers and healthcare researchers to find, retrieve, and understand healthcare’s unstructured data. The software suite contains three capabilities branded Compass, Lumos and Sonar. Together with the appropriate consumer consent; Compass, Lumos and Sonar can find, retrieve, and understand deep clinical data from hospitals and clinical centers. The underlying capabilities leverage fax automation, optical character recognition, and natural medical language understanding coupled with patented processes. The company was founded in 2012 and operates from Brooklyn, New York.
For more information please visit betterpath.com