What You Should Know: Solve.Care & EarthID have announced a collaboration to employ blockchain technology to decentralize ID data and provide verification of credentials to create a powerful ID management system to be put in the hand on individuals. The collaboration will enable individuals to aggregate all their multi-faceted data related to their identity for healthcare purposes, while maintaining complete control. Decentralized & Multi-faceted ID for
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Blockchain Technology in Healthcare | News, Analysis, Insights
The Seemingly Limitless Potential of Blockchain in Healthcare
Interoperability remains the Holy Grail in healthcare, the goal to which all organizations aspire. The urgency to remove silos and improve communication between various systems and organizations is paramount, as it promises to lead to greater efficiency and improved outcomes while at the same time lowering costs – and not a moment too soon, given the fact that the world’s population is aging and there is a growing shortage of clinicians. More and more, blockchain – a secure, decentralized
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22 Executive Digital Health Predictions to Watch in 2023
Jon Bloom, MD, CEO and Co-founder of Podimetrics From a digital health perspective, 2022 was a reset year for many and a serious reality check. We went from sky high growth to the sky is falling, and in 2023 I think this market correction movement will continue forward. To me, the biggest surprise of 2022 was that despite the market tanking, digital health companies continued to truck forward with huge deals. This includes massive acquisitions like Amazon and OneMedical, as well as deals like
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Does Data Hold the Key to Streamlining Provider Credentialing?
Provider credentialing is an essential part of healthcare. A provider cannot work or get paid without a proper license or credential, and yet this highly complex process is still done on paper (also sticky notes on file cabinets, Excel spreadsheets—you get the idea) by many healthcare organizations. Manually credentialing providers adds to an already lengthy process. One expired certificate or a delayed privileging request can prevent a provider from seeing patients for more than 60
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What Has COVID Ever Done For Us? Here 9 Examples
The early 2020s will be studied by historians as a time of global uncertainty when an unknown pathogen caused a public health emergency that brought the world to the brink. It may also be remembered as a time of unparalleled cooperation and advancement in technologies, prompted by the Covid pandemic, that provided enduring benefits for generations to come. Just as the two world wars of the 20th Century were the deadliest and most attritional in history, they also triggered developments in
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Unlocking Interoperability with a Blockchain-Powered Network
Achieving fluid data interoperability has been a complex and challenging goal for the U.S. healthcare system. The result of which has led to excessive administrative costs, delays in providing care, and significant patient frustration. According to the Centers for Medicare and Medicaid Services, U.S. healthcare spending grew 9.7% in 2020, reaching $4.1 trillion, or $12,530 per person. This is forecasted to grow to $6.2 trillion by 2028, which will only exacerbate the current spending
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Polygon to Partner with MSP on Healthcare Blockchain Initiative
What You Should Know: - Today, Polygon Networks, a leading blockchain and scaling solution, announced a partnership with Tokenology and MSP Recovery to deliver LifeChain - a new healthcare claims platform. - LifeChain will leverage blockchain technology to solve healthcare's biggest problems, including fraud, inefficiency in payments and antiquated processes. Tokenize Healthcare Claims On-Chain LifeChain will be developed by MSP Recovery and Tokenology as a fully tokenized Medicare,
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Solve.Care Launches First Crypto Healthcare Device Marketplace
What You Should Know: - Solve.Care, the global healthcare blockchain technology company, has announced the world's first crypto-enabled marketplace dedicated to healthcare. - Care.Marketplace will allow for the purchase of domestic healthcare devices across the United States. This first-of-its-kind development will work to influence the use of domestic healthcare devices Crypto-Enabled Marketplace Solve.Care is creating innovative solutions to long-standing access challenges within
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HSBlox Releases Enhanced VBC Contract Builder
What You Should Know: - HSBlox, a technology company empowering healthcare organizations with the tools and support to deliver value-based care (VBC) successfully and sustainably, today announced Release 3.5 of its CureAlign platform. - CureAlign enables healthcare organizations to administer value-based programs, including network build-out, contract administration, permissioned data exchange and payment. CareAlign 3.5 Overview CureAlign 3.5 further
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The Role Blockchain Could Play in Strengthening Patient-Provider Relationships
With conversations about NFTs and blockchain prominent in the news today, the future of such technology is a hot topic. The integration of blockchain technology into a variety of industries has proved to be beneficial in productivity, efficiency, and security. Because of this success, it is imperative that the healthcare industry continue to effectively adopt and utilize blockchain technology to improve data security, expand collaborative opportunities, verify the authenticity and safety of
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