Pradeep Goel, CEO Of Solve.Care Shares Insights On Building Fairer Healthcare Networks In Dinis Guarda YouTube Podcast
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Dinis Guarda interviews Pradeep Goel, CEO of Solve.Care in his YouTube Podcast. In this podcast, they discussed how blockchain technology can create more transparent and equitable healthcare networks. The podcast is powered by Businessabc.net and citiesabc.com.
Pradeep Goel is the CEO of Solve.Care, a healthcare blockchain company. With nearly three decades of experience in blockchain, finance, technology, and healthcare, he has held senior roles at multiple insurance, technology, and healthcare firms. Pradeep co-founded four healthcare IT companies, including EngagePoint and Dakota Imaging, and played a pivotal role in US healthcare initiatives under the Bush and Obama administrations. Recognised as one of Goldman Sachs' '100 Most Promising Entrepreneurs', he holds a B.E. in Systems Engineering from the University of Punjab. His vision centres on transforming healthcare through innovative technology.
“We built exactly the platform where Fair Equitable transparent symmetric balanced networks can be achieved and where the roles and responsibilities of each participant can be published and protected and they don't rely upon the Goodwill of a central Authority honouring their contract with that number of works”, Pradeep tell Dinis.
Addressing Healthcare Inequities
“Healthcare it is very fundamental is a network problem and what I mean by that is Healthcare is never a solo sport I don't get to take care of my health by myself so there's always going to be a team and that team needs to collaborate and that collaboration is determined based on my need and regulation payment and many other factors but in the end it's a coordination and collaboration program which requires people to effectively network with each other now there are a lot of challenges with achieving an effective Healthcare Network in the general sense because you have regulatory issues data issues skill issues access issues so of course you can have a challenge when you need to collaborate so many people effectively around care of a patient you need a very effective networking tool and those tools don't really exist I mean you have a lot of efforts done to make this network function better many much technology has been devoted to making these networks work better but there is no real solution in making this network fair and efficient so so far what we have pre- blockchain pre web3 world are these networks are built by organizations or institutions to optimize their business processes and you are supposed to fit that Network and if you don't well you're going to suffer accordingly”, Pradeep tell Dinis.
Decentralised Healthcare for Cities
“I realized that we need a different platform on which better networks can be built for healthcare where we there is there is not one party defining the rules of the network and everybody else has to accept or else the network can be more transparent Equitable auditable”,
“7 years later we built exactly the platform where Fair Equitable transparent symmetric balanced networks can be achieved and where roles and responsibilities of each participant can be published and protected and they don't rely upon the Goodwill of a central Authority honoring their contract with that number works and the last thing that I will say you know to bind it all together okay great you can build this F fantastic it infrastructure sounds pretty compelling I feel like I'm going to benefit from using it but how do I use it so care wallet is our equivalent of a web browser so we we basically built a new worldwide web for healthcare we built a new paradigm a new web Paradigm for healthcare so that is equivalent to basically the internet and then the browser is a care wallet so in that sense no matter who's using our platform to build a new healthcare network of any nature for whatever disease condition for whatever group of patients under whatever set of rules everybody in the world can access these networks to the same browser called care wallet so wallet is the equivalent of the browser if you think of the health networks as the equivalent of a more fair web so that's who we are”, said Pradeep Goel
Implementing Blockchain in Urban Healthcare
“Let's say you the patient and somebody else is a specialist have very unique rights we control our data sets we every transaction we do with each other gets written to the chain in a way that without exposing my Identity or the content of the transaction we have a record that a referred B to C C sent an appointment to b b went and did the appointment and then C notified a what happened that event Ledger is on the Chain but you cannot tell who a is who B is who C is and what they really talked about that's data that's not on the Chain that's anchored to the chain so this way the blockchain enforces the right behavior and tracks the right Behavior but doesn't expose the identity of the data of the participants of the network this is one very clear use case of blockchain and I will say this again the one of the common I've said this many times just a sidebar you know there are many blockchains that deal with data with patient data data management platform data aggregation platform data collection it's all fine that's a good use case where it makes sense but in my mind those chains are going to be by definition very narrow in their scope because they have to live inside the the compliance framework of whichever country they're running in and it's really hard to see how you can have a global medical record chain and be compliant with every country's laws so our view is that solve care as a blockchain is never going to be the data management chain we're going to be the data consumption we'll consume our Network participants can consume the data on whatever chain they haveit but ourselves we are focused on facilitating these networks so we kind of like a Marketplace platform which enables these very complex transparent and and governed and compliant Network s or marketplaces you can use them interchangeably to drive better coordination and outcome of healthcare and we let the data management of patient data in the hands of others who which is a which is in some sense a simpler problem and a more complex problem so we will work with any data chain out there that is credible and compliant in the region that they operate but we as a platform are much broader than that our vision is to enable more symmetric Equitable”, Pradeep Goel explained Dinis
Concluding the interview Dinis asked Pradeep Goel, “How do you see this part of the AI in one as a possible solver of all these issues around human Healthcare and human well-being but as well as a potential kind of new evolutionary part of humanity.”
Pradeep replied to Dinis “we are living this time of stipends and sometimes scary change and you know typically when technology comes around we we have a class of people who feel that they have this technology well under control and they'll be to harness that for the benefit of humanity and there are some scary Technologies nuclear you know Tech is that kind of a tech you hope that experts know how to control it and manage it and deploy it because otherwise it could destroy Humanity AI is scary in that it's not clear if people who are building the tech and are talking about commercializing this Tech know how to control it and then that's a really scary part but that's a different conversation AI as it is you know we are mostly familiar with it through chat GPT before that you know we knew of natural language learn NLP and machine learning but really how human beings think of AI is this you know generative AI the the the the large language model AI now that large language model is you know by definition large language it's try is trained on everything under the sun all publicly available data even if it was my I I wrote that blog or you or the blog is trained on everything kind of like Google can search everything so there it's a more foundational technology”
“AI has to follow that same model and I believe companies like softare and many others but our vision is clear we are going to bring AI to the patient in the context of their data in their control relevant to their risk conditions only accessible to the patient so I'm all for you know that the third stage of AI and we are plotting our way to get there in a way that respects the patient and puts the patient first so that's where we are but there's a lot of steps between now and then you know how do we achieve how do we you know this in AI you have these things called hyper parameters you have things called rags and these are all very important as to who's controlling and setting these parameters because clinical you know and training of AI model is going to have a lot of built-in specialty bias so for example how you treat diabetes in India is going to be slightly different than how you treat diabetes in the US and that is going to get built into these into the model so we will need to be very careful about whose model are we using this three diabetic models are not going to be the same so we will need ranking and rating and evaluation so we think about all that but ultimately even if we build and agree to a good diabetic model for each region how do I apply to the human who Health we are interested in that's the last and final step and that's when AI becomes I think in my mind relevant to healthcare and Humanity”, He added.
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With a driving passion to create a relatable content, Pallavi progressed from writing as a freelancer to full-time professional. Science, innovation, technology, economics are very few (but not limiting) fields she zealous about. Reading, writing, and teaching are the other activities she loves to get involved beyond content writing for intelligenthq.com, citiesabc.com, and openbusinesscouncil.org