Pharmaceutical companies

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This bank can be named as Independent medical Record Bank. This bank is totally responsible to fetch all the data of the patients and place it in their specified fields. This model is called consumer base model that means that in this model we just have to depend upon the consumers. This databank works independently and it will bind itself with the governmental laws and regulations. This data bank serves both the provider and the consumer or in simple words these bank play a role of bridge and they transact in between healthcare providers and the patient that comes to them.

They will link both of them. In that model a patient which we call consumer opens a bank account like other banks but he transacts is personal record in place of money. So it means the patient deposit information into its bank account. Now it is the work of IMRB to prove its capabilities as the final destination of storing consumer data. It is quite necessary that health care bodies don’t have any share in terms of business in these IMRB because this will create a sense of biasness. If this happens than this will certainly affect the functioning of IMRB.

In the functioning of that model it is a little bit complex than the provider based. In that model a consumer interact with IMRB and opens its account there and deposit his information there. This point is also interesting that the consumer can bound the IMRB to gain or restrict access to its information by some special body or entities. Hen eve a healthcare provider requires to take the details of the said consumer he just contact the IMRB and request to give the necessary account details regarding the patient.

If there is no restriction then the bank transfers the data to the provider. Healthcare provider can also enter in the bank and can update the account information of any specific user by using the updated information of the consumer. Again with the help of this model whenever a second health provider wanted to have the information regarding that patient he refers to the IMRB where this provider not only find the complete history of the patient but in addition to that he also found the recent updates in a consumers account by the previous provider.

In that model a fast and high responsive network is essential because if we follow that model then we may have a large amount of data to handle. In this context technological advancement is the core to promote this model. Normally these banks would be somewhat online and the user can access it from any where. This access can also be stationary or it can be mobile. So the network must possess that flexibility to cope that sort of conditions.

This was the major advantage that this model has because it provides the flexibility to update its data source by using multiple providers’ access in the system. In addition to that Insurance companies and agencies can also avail the facility in settlement their health care cases and in actual this will also increase their speed to settle some extra peculiar case. Again like previous model research institute can also collect their desired data from that Independent Medical Record Bank for their research and other related activities.

In previous model they can be bound to use some specific EMR but in this case they can feel themselves independent to contact the bank and collect their desired information. Pharmaceutical companies will also show their interest in these sorts of banks because they can certainly access the records of several types of patients from just one place. This will definitely save their precious time in extraction of the desired data and data accessibility.

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