Patientory Association
Patientory Association is a US-based global nonprofit that operates the PTOYMatrix blockchain network and PTOY utility token for secure healthcare data exchange, serving healthcare providers, technology partners, and patients through a consortium membership model.
- Company typePrivate
- Founded2017
- HeadquartersSan Francisco, United States
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What Patientory Association does
Patientory Association is a US-based global nonprofit healthcare membership organization, founded in 2017-2018, that operates the PTOYMatrix blockchain network for secure, real-time storage and exchange of health information. The core technology is an open-source, permissioned distributed ledger using an ERC-20 utility token (PTOY, capped at 100 million supply) to facilitate transaction fees, data storage payments, governance voting, and smart-contract-enabled healthcare insurance payments. Its product surface includes the PTOYMatrix network, the PTOY token, the Neith Enterprise Dashboard (marketed as AI/ML/NLP/DL-powered healthcare analytics), and a consumer-facing mobile DApp distributed via iOS and Google Play that offers PTOY token rewards for completing in-app health goals.
The organization monetizes primarily through token-based economics rather than traditional SaaS contracts: token holders pay for data storage and transactions on the network, can participate in governance, and trade PTOY on crypto exchanges (BitMart, LBank) tracked on CoinGecko. GTM is community-led via the BlockHealth Summit series (2018-2022), webinars, whitepapers, published journals, and consortium membership for healthcare providers, technology partners, and patients. Strategic partnerships include Predictiv (genomics, 2021), the ARPA-H Investor Catalyst Hub (December 2023), and The Sequoia Project's Data Usability Taking Root Movement (October 2024), positioning the association within US health data interoperability policy infrastructure (TEFCA, HL7 FHIR). Founder and CEO Chrissa McFarlane leads a 1-10 person team with no disclosed revenue, institutional funding post-ICO, or named enterprise customers.
Patientory Association firmographics
Firmographics- Name
- Patientory Association
- Legal name
- Patientory Association
- Website
- https://patientoryassociation.org
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Patientory Association is a US-based global nonprofit that operates the PTOYMatrix blockchain network and PTOY utility token for secure healthcare data exchange, serving healthcare providers, technology partners, and patients through a consortium membership model.
- Ownership category
- akta.pro rank
Patientory Association industry classification
Industry- Product category
- Healthcare Blockchain Infrastructure
- NAICS
- Funds, Trusts, and Other Financial Vehicles (525)
- SIC
- Services-Health Services (8000), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Data Access, Sharing & Marketplace Platforms (incl. TEFCA/QHIN enablement) (HLACAIAL)
- akta.pro secondary industries
- Patient-Mediated Exchange & Personal Health Data Access (Blue Button, SMART on FHIR) (HLACABAN), Consent, Preference & Data Rights Management (incl. HIPAA/GDPR support) (HLACAIAG), Consortium Networks & Governance (network setup, onboarding, rules, node operations) (FSAPAIAB)
Keywords
Where Patientory Association is headquartered
LocationHeadquarters
- HQ city
- San Francisco
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Patientory Association business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- PTOY Token Transactions: PTOY is a secure utility token based on ERC-20 that grants access to the private permissioned PTOYMatrix blockchain network. It is used for transaction fees, data storage purchases, healthcare insurance payments via smart contracts, and value-based model metrics regulation.
- Token-Based Services Access: PTOY Tokens provide access to various premium services on the Patientory platform, including advanced analytics and data management tools. The total supply is capped at 100 million tokens.
- Governance Participation: Holders of PTOY Tokens can participate in governance of the Patientory network, voting on key decisions and proposals that shape the future of the platform.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
Patientory Association product offering
Product offeringCore offering
The Patientory Association operates the PTOYMatrix permissioned blockchain network for secure, real-time storage and exchange of health information among healthcare providers, patients, and stakeholders, facilitated by an ERC-20 utility token (PTOY) for transactions, data storage, insurance payments via smart contracts, and governance. It also delivers the Neith Enterprise Dashboard with AI/ML/NLP/DL healthcare analytics and a consumer mobile decentralized application for patient health-data access and token-based rewards.
Product overview
Patientory Association operates a blockchain-based healthcare data management ecosystem centered on the PTOYMatrix network and PTOY token. The PTOYMatrix blockchain provides real-time secure storage and management of health information, while the PTOY token (ERC-20) facilitates transactions, access control, and value exchange within the network. The Neith Enterprise Dashboard extends capabilities with AI/ML/NLP/DL analytics. The ecosystem also includes a consumer mobile DApp for patient health data access with reward incentives, and BlockHealth Summit events for industry education and outreach. The platform connects healthcare industry adopters through the PTOYMatrix consortium.
Differentiator
Problem solved
Functional benefit
Brands
- PTOYMatrix: Blockchain network that securely stores and manages health information in real time, facilitated by the PTOY token.
- PTOY Token ($PTOY)
- Neith Enterprise Dashboard
Products and services
- PTOYMatrix Blockchain Network A secure, open-source permissioned distributed ledger technology network that stores and manages health information in real time and facilitates interoperability for healthcare data exchange among providers, patients, and stakeholders.
- PTOY Token ($PTOY) An ERC-20 utility token that grants access to the private permissioned PTOYMatrix blockchain network, used for transaction fees, data storage, healthcare insurance payments via smart contracts, governance voting, and premium services access; total supply capped at 100 million tokens.
- Neith Enterprise Dashboard An AI/ML/NLP/DL-powered enterprise dashboard for advanced healthcare data analytics and enterprise-level insights, offered to healthcare organizations to extend their use of the PTOYMatrix ecosystem.
- Patientory Decentralized Application (DApp) A consumer-facing mobile decentralized application available on iOS and Google Play that enables users to access their health data and earn $PTOY token rewards for completing in-app health goals.
- BlockHealth Summit Series An annual healthcare blockchain summit series (BlockHealth Summit18-22 plus virtual editions) bringing together industry stakeholders to discuss blockchain applications in healthcare, with associated webinar and educational content offerings.
Quantifiable outcome
- Reaches $2.25 billion market by 2030 with 16.4% CAGR for blockchain in medical records
Companies that use Patientory Association
Customer profileSegments3 records
Ideal customer profiles3 records
Patientory Association technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability4 records
Feature3 records
Patientory Association partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core, major and minor.
- The Sequoia Project - Data Usability Taking Root MovementcoreThe Patientory Association joined the Data Usability – Taking Root Movement led by The Sequoia Project. This initiative focuses on improving health data quality and usability beyond interoperability, emphasizing semantic interoperability where data is exchanged, understood, and utilized effectively. The association contributes to development of standards including HL7 CCDAs, HL7 v2, and FHIR standards.
- ARPA-H Investor Catalyst HubmajorThe Patientory Association was selected as a spoke for the Investor Catalyst Hub, a regional hub of ARPANET-H, a nationwide health innovation network launched by the Advanced Research Projects Agency for Health (ARPA-H). Based in Greater Boston and managed by VentureWell, the hub utilizes an innovative hub-and-spoke model designed to reach nonprofit organizations and Minority-Serving Institutions to deliver scalable healthcare outcomes. Spoke membership offers potential funding, flexible contracting, networking opportunities, and input on ARPA-H challenge areas.
- PredictivcorePredictiv, founded by Johns Hopkins researchers and serial entrepreneurs, is a genomics-based solution that analyzes whole genomes to predict and prevent risks on more than 16,000 diseases and simulate reactions to 300 drugs. The partnership integrates Predictiv's patent-pending 20,000 genes and 16,000 disease analysis capability with Patientory Association's PTOYMatrix blockchain network. CEO Sajung Yun noted this collaboration enables integration with 210 million people medical and health data.
- LBank Exchangeminor$PTOY token listed on LBank Exchange, allowing users to buy, sell, and trade PTOY tokens. This listing expands accessibility of the token to traders and investors on the LBank platform.
- BitMart Exchangeminor$PTOY officially available on BitMart for trading with $PTOY/USDT pair. Additional trading pairs planned. This listing provides trading accessibility for the PTOY token.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
Patientory Association competitors and assessment
Company assessmentBroad incumbents
- Datavant: Larger-scale health data connectivity company focused on de-identifying and linking patient data across organizations. Comparable as a healthcare data exchange/marketplace but operates as an established incumbent rather than a blockchain-native nonprofit.
Direct peers
- BurstIQ: Blockchain-based health data platform providing secure data management and exchange for healthcare organizations. Closely comparable as a competing blockchain healthcare data network with similar token/data marketplace economics.
- Avaneer Health: A healthcare blockchain consortium launched by Aetna, Cleveland Clinic, and others, focused on secure health data exchange and interoperability. Directly comparable as a permissioned blockchain network targeting the same healthcare interoperability use cases as PTOYMatrix.
- HealthVerity: Healthcare data connectivity and marketplace platform enabling privacy-compliant exchange of patient-level data. Comparable as an interoperable health data exchange platform addressing similar provider, payer, and research use cases, though without blockchain.
- Solve.Care: Blockchain healthcare platform using a native token (SOLVE) for care coordination, patient data, and insurance administration. Directly comparable as a token-incentivized healthcare blockchain platform targeting similar interoperability and payment use cases.
- Medicalchain: Blockchain-based platform for secure electronic health records with a patient-facing app and token (MedToken). Directly comparable in combining a permissioned blockchain, patient-mediated data access, and a tokenized economic model.
- Equideum Health (formerly Hashed Health): Enterprise healthcare blockchain company building decentralized identity and data exchange solutions for healthcare consortia. Comparable as a healthcare-focused blockchain consortium builder with enterprise/government partnerships.
Emerging players
- 1upHealth: FHIR-based healthcare data platform for patient-mediated access and API-driven interoperability. Comparable on the patient-mediated exchange and FHIR standards axis, although it uses a centralized cloud architecture rather than blockchain.
- ProCredEx: Blockchain-based digital credential exchange for healthcare, enabling verification of provider credentials. Adjacent peer — focuses on a narrow interoperability slice (credentials) but uses similar distributed ledger and consortium economics as PTOYMatrix.
- Akiri (Switchboard Health): AHL's Akiri network is a permissioned healthcare data network-as-a-service for trusted health data exchange. Comparable as a permissioned network serving healthcare interoperability, though with a more enterprise SaaS go-to-market.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Patientory Association social profiles
Digital presencePatientory Association financial estimates
Financial estimateRevenue estimate
Valuation estimate
Patientory Association leadership team
Management profileNumber of profiles
Profiles1 record
Patientory Association funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Patientory Association M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Patientory Association
What does Patientory Association do?
The Patientory Association operates the PTOYMatrix permissioned blockchain network for secure, real-time storage and exchange of health information among healthcare providers, patients, and stakeholders, facilitated by an ERC-20 utility token (PTOY) for transactions, data storage, insurance payments via smart contracts, and governance. It also delivers the Neith Enterprise Dashboard with AI/ML/NLP/DL healthcare analytics and a consumer mobile decentralized application for patient health-data access and token-based rewards.
Is Patientory Association a public or private company?
Patientory Association is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Patientory Association founded?
Patientory Association was founded in 2017. It employs 1 to 10 people.
Where is Patientory Association based?
Patientory Association is headquartered in San Francisco, United States, in the North America region.
How does Patientory Association make money?
Three revenue lines are on record. PTOY Token Transactions are the primary driver. The others are token-Based Services Access and governance Participation.
Who are Patientory Association's main competitors?
Datavant is listed as a broad incumbent. Direct peers are BurstIQ, Avaneer Health, HealthVerity, Solve.Care, Medicalchain and Equideum Health (formerly Hashed Health). Emerging players are 1upHealth, ProCredEx and Akiri (Switchboard Health).
Does Patientory Association have an API?
No public API is recorded for Patientory Association.
What industry is Patientory Association in?
Patientory Association's product category is Healthcare Blockchain Infrastructure. Its primary akta.pro industry code is HLACAIAL, Data Access, Sharing & Marketplace Platforms (incl. TEFCA/QHIN enablement), with a secondary code of HLACABAN, Patient-Mediated Exchange & Personal Health Data Access (Blue Button, SMART on FHIR). Its NAICS code is 525 and its SIC code is 8000.