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**FFS vs VBC**
Most of the healthcare plans existing in the US are based on FFS (Fee For Service). The health care providers are reimbursed or paid for every procedure they do on the patients. FFS or non-PPO plan gives more importance to the volume of procedures done rather than the benefits it will give to the patients. FFS based plan will increase the overall cost of healthcare in the long run. It may also mislead the healthcare providers to suggest relevant or unnecessary procedures to the patients for increasing their income. How to address this concern?

Value-Based Care (VBC) provides a better alternative which gives more priority to patient’s health because it rewards the providers based on the quality of care provided to the patients. VBC based programs will reduce the cost of healthcare as well as provide a good quality care for the individuals.

It is an innovative concept that completely reforms the existing healthcare system in the USA.
SimplyHealth’s Health Nexus is a VBC program that will be developed using the blockchain technology. To gain access to this system, the users need to buy the tokens named “HLTH” that will be issued by the company during their token sale starting in October 2017. The token holders will have access to data storage, smart contracts, marketplace and more. To learn more about the registration procedure for the token sale, please visit https://tokensale.simplyvitalhealth.com/

Let us discuss some of the benefits of Health Nexus Below:
* **Tracking Pharmacy Transactions** – As the healthcare records in the US are not accessible to patients, it is very difficult to track their purchases in the pharmacies also. If you relocate to another state, your prescriptions will be invalid even though a nationwide PDMP (Prescription Drug Monitoring Program) is available. Health Nexus helps you to keep track of the prescriptions even if you relocate to another state or country as that information is securely stored in the blockchain network.
* **Data Sharing and Access** – Getting your medical records will no more be a tedious job as it establishes a platform for communication between providers, insurance companies, and patients. Health Nexus will improve the level of transparency between providers and patients so that the patients will receive a better care from the physicians. Patients will have the option to sell their health data to providers or healthcare networks and get some rewards for that. This concept will help to reduce the overall cost of the healthcare industry as it currently spends more than $10 million dollars to purchase this kind of data. To learn more about the concept of data sharing in Health Nexus, please visit https://docsend.com/view/cuufmc5
* **Bundled payments** – Health Nexus will use the concept of Bundled Payments which pays the healthcare provider based on the defined single episode of care. It will reduce the overall cost when compared with FFS plan where the provider is reimbursed for each procedure or service.

Also, the payments and reimbursements will be more transparent as it will be stored in the shared ledger of the blockchain network. 

To learn more about SimplyVital and its roadmap, please visit https://tokensale.simplyvitalhealth.com/

Author ETH wallet: 0xce8c2345fe78e6244ab85b8e020bb57db0ba6c89