The skin on his penis ripped you mean? I think you're fine, as long as neither of you have std's. However, he should make sure he throughroully cleans himself carefully for the next few days, and you to, to prevent any uti's or other infections. Also, there is no way in heck that his blood got into your uterus! Technically I suppose there is an ity bitty chance (since semen gets in there too) but... I really doubt it.
Keep yourselves clean, and use lube, natrual or store bought! For your protection and pleasure!
It's not bad for you, I woudn't think. Your body will natrually flush it out just as it does the semen that he deposits in you.