US HealthCare is ‘F *** Ed,’ says Cardano’s Hoskinson, Pitches AI, Blockchain Solutions

Charles Hoskinson, the founder of Cardano and Ethereum’s early co-founder, said the American healthcare system was not as desperate-it would work exactly as designed. And that, he says, the problem.

“Health care is fucked only in America. It’s fucked. Everyone knows this is true,” Hoskinson said in an interview with CoinDesk TV at the Rare Evo Conference in Las Vegas. “But they are all trying to continue going to the system because it is very profitable.”

While this may sound like a harsh criticism, Hoskinson puts his money where his mouth is: he pours $ 200 million investment in a medical center in Gillette, Wyoming, which now serves one-third of the town’s population.

His vision for his multi-million dollar investment? “If they don’t pay, don’t charge,” he said.

The ‘dull -terrible’ problem

So, what are the key issues with the current healthcare system that made her pour millions into a new type of system? According to Hoskinson, this is how doctors are paid.

“All financial incentives are terrible and just wrong within health care,” he told CoinDesk TV, using an example of how doctors were insistent to treat their patients the same, regardless of their needs.

“Let’s say you are 75 years old and you have a ton of cool morbidities and you just don’t look good … Your doctor will pay exactly the same amount of money to see you … because he will pay to go and see a 16-year-old girl coming in for a UTI and only needs five minutes and some antibiotics.”

That economic structure, he said, disrupts coordination, conversation and long-term planning. “They have every incentive to keep you as sick as possible, because they have developed chronic treatment for all those things,” Hoskinson claimed.

And what was the source that built his claims to his health care system? “Because my father’s doctor, my brother is a doctor. Grandfather is a doctor, a doctor’s Uncle,” Hoskinson said

The solution centered on the patient

To fix this, Hoskinson suggests developing a patient -centered facility, not billing or bureaucracy codes and the use of cutting technologies such as artificial intelligence and blockchain.

“Let’s build a clinic where we put the patient in the middle. We build care teams, we use AI and we’re doing everything in our power to try to make it care that centered on the patient that is affordable.”

AI, for this new system, will be used to support – not replace – the physicians. “Every day it can be rubbed throughout all medical knowledge, and you can have agents that represent each drug specialty … and provide an updated care plan at the beginning of the day to the service provider.”

The system, he said, could catch “gentle clues in the patient’s history” and help with real-time auditing. He also described plans for AI tools that could flag Droga-to-drug contacts, transcribe patient visits and eventually acts as an “AI companion” to help people interpret food, medicine and supplements.

Project architecture can also be involved in the blockchain.

Hoskinson consulted the selective disclosure and technology of zero-knowledge-tools in cryptographic that could verify the facts (such as age or citizenship) without revealing the underlying personal details. “You can enjoy the purpose and philosophy of buckets without announcing the underlying customer,” he said.

He also plans to open the source of the entire model-including protocols and software-to allow replication elsewhere. “We’re not here to make money (it),” Hoskinson said. “The goal is to open their resources, open the software resource, you know, bring out the care system there.”

He also drives for a broader policy reset. “Health insurance should be the same way you buy it in case you really get sick,” Hoskinson said. “It doesn’t matter to say, well, it’s there for when you get a paper cut or there if you want to get a control or something.”

However, Hoskinson claims that this new health care model is faced with pushback from the traditional medical system.

“The hospital there is trying to kill us,” he said.

“They are doing everything in their power to make our lives pity. Uh, they can’t redeem our doctors. So it takes six months to 12 months to get credentials that they have medicine skills. I bring a famous surgeon to the world and a famous transplant surgeon. They will not be given credentials,” Hoskinson said.

While Hoskinson’s battle to change the health care system may be a David scenario compared to Goliath, he sees it as part of his heritage and his family. “I put $ 200 million of my own money in my clinic and we built in the last three years, and I legitimately want to solve this problem,” he said.

“I think this is my legacy and this is the heritage of the family and it is also the most important thing in America.”