We offer a token that friends, family, rehab facilities and mental health professionals can purchase and give regularly to substance addiction patients in recovery. Our blockchain software/ app will record recovery milestones e.g. attendance at AA/NA meetings, outpatient counseling, calls with one’s sponsor and release Recover Coins that can be exchanged for gift certificates.
Nudge and Reward
Consistent with a theory espoused by a recent Nobel Prize Winner in Economics, nudging can influence behavioral outcomes.
The Recover Coin App will record milestone events in a patient’s post rehab recovery e.g. talking with one’s sponsor regularly.
Friends/ family, rehab facilities, health care professionals will purchase Recover Coins, to be sent to patients in recovery who have met predetermined milestones.
Recovery Problem: Poor Continuity of Care
Substance abuse is a chronic disease, with relapse rates in the 40-60% range, consistent with recurrence rates of other chronic diseases (Source: drugabuse.gov, JAMA). Many patients go to rehab multiple times.
Typically, rehab centers lose track of patients once they leave the facility. There is little long term coordination post inpatient treatment e.g. outpatient rehab, group therapy, sober living, AA/ NA meetings, regular contact with sponsor.
Insurance companies lack data on continuity of care. Reimbursement policies/ determination of care coverage are often based on nebulous, qualitative assessments with little tracking post inpatient rehab. Industry is shifting from fee for service to fee for outcomes