BitMED

Dr. Rishi Madhok and Bo Vargas founded BitMED in 2015 to create a healthcare solution that didn’t charge for care—no easy feat. Dr. Madhok, as a practicing physician, realized the flaws in the way people treat healthcare. People visit a doctor when they’re sick, if they can afford it. Busy schedules get in the way of dermatologist visits, general checkups are forgotten about, and oftentimes high deductibles or confusing Medicaid stop people from going to the doctor at all. Not to mention he saw doctors who spent years going through medical school spend half of their time filling out notes for billing and insurance purposes rather than practicing medicine. Talk about a broken system. He teamed up with technology expert Bo Vargas to create a new kind of healthcare solution. One that didn’t surprise the patient with extravagant medical bills for taking a preventative approach to their health. BitMED empowers patients to take control of their health through 24/7 Telehealth services, educational content, and peer-to-peer communities. BitMED generates revenue by leasing anonymized data to companies who need to validate algorithms, complete clinical studies, or utilize research and development for new products. We offer our medical services at no-cost to the patient and lower the barrier to entry to obtain medical consultations. We want to make accessing reliable health care as effortless as a Google search. We only ask that members are open to sharing their medical data with our partners. This will lead to medical breakthroughs—it’s a win win. We will never share our members' data without their permission and adhere to the highest standard of privacy and information security through our blockchain technology.