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CrowdMed Company Background

CrowdMed purports to harnesses the wisdom of crowds to collaboratively solve even the world’s most difficult medical cases quickly and accurately online.

The company offers individuals, insurance providers, and self-insured corporate customers the ability to more quickly diagnose medical conditions and reduce healthcare costs without compromising care.

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The results speak for themselves?

Since launching publicly in April 2013, CrowdMed has helped solve hundreds of medical cases for patients around the world, and this number is quickly growing as word spreads of the new service. On average, these patients had been sick for 8 years, seen 8 doctors, and incurred more than $50,000 in medical expenses. Despite the difficulty of their cases, more than half of these patients tell us that the crowd successfully brought them closer to a correct diagnosis or cure.

Anyone can submit a case on the CrowdMed website for free (with a $50 refundable deposit), or along with a cash compensation offer to draw more attention to their case. They use incentives to increase participation, and the overall quality and confidence levels of suggested diagnoses. Thousands of people with diverse backgrounds in medicine, health care, education and research have already joined the crowd, and they are continually recruiting new medical and disease experts to help solve cases.

During early testing of the CrowdMed platform, the founder [Jared] submitted his own sister’s [Carly] anonymous case information to the crowd to test the system. More than 300 people participated, evaluating the same symptoms that had been provided to Carly’s original doctors. In just three days, the crowd gave Jared their answer: Fragile X-associated primary ovarian insufficiency

Founded by veteran technology entrepreneur Jared Heyman and based in San Francisco, CA, CrowdMed has received more than $2.4 million in funding from some of Silicon Valley’s top venture capital firms including NEA, Andreessen Horowitz, Greylock Partners, SV Angel, Khosla Ventures and Y Combinator. The company’s advisors have founded and run some the world’s most successful online healthcare companies including WebMD. CrowdMed graduated from Y Combinator’s Winter 2013 class, and was officially launched during the TEDMED 2013 conference in Washington DC.

You can read more about CrowdMed’s leadership team click here.

More:

  1. Will Future Doctors Need a Medical License?
  2. Is Medical Licensing Really Necessary?
  3. On Replacing Doctors with Computers and Smart Phones 

Assessment

Check em’ out today: http://blog.crowdmed.com

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3 Responses

  1. A game changer?

    This concept, under proper medical supervision, may be a game changer. And, the docs still get to treat the patients.

    Not unlike this concept: The Second Curve [It’s More than the Transition from Volume to Value!]

    http://www.paulkeckley.com/report/2014/12/8/the-second-curve-its-more-than-the-transition-from-volume-to-value

    Nurse Terry

    Like

  2. Crowdsourcing Costs In An Evolving Healthcare System
    [It Cost What?]

    Crowdsourcing is engaging a lot of news organizations today. While some journalists are nervous about crowdsourcing —

    “Yikes, we’d rather talk than listen, and what if they tell us something we don’t want to hear? Or something that we know isn’t true?”

    — we here at clearhealthcosts.com love crowdsourcing.

    We find, as journalists, that our communities are smart, energized, truthful and engaged, and happy to join hands in thinking, reporting and helping us make something that’s bigger than the sum of its parts. We learn great things by listening, so … now we’re going to to an experiment crowdsourcing coverage for our blog.

    http://thehealthcareblog.com/blog/2014/10/12/it-cost-what-crowdsourcing-health-care-costs/

    Neria

    Like

  3. Crowdsourcing Service Providers
    [Thriving]

    Crowdsourcing is a relatively new workforce model that connects employers with temporary workers through an online network. Crowdsourcing service providers increased revenue at an annualized rate of 62.6% since 2009 to a total of nearly $543 billion this year.

    Like a majority of growing industries, the popularity of the crowdsource model is tied to the now near-ubiquity of the Internet. According to IBISWorld, crowdsourced temp employees typically work online and on a project-to-project basis.

    Neria
    http://www.amazon.com/Dictionary-Health-Information-Technology-Security/dp/0826149952/ref=sr_1_5?ie=UTF8&s=books&qid=1254413315&sr=1-5

    Like

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