Providence St. Joseph Health, one of the nation's largest health systems, today has acquired Lumedic, a next-generation revenue cycle management platform powered by blockchain technology. Providence St. Joseph Health will be the first integrated provider-payer system to establish a scalable blockchain platform to transform claims processing and enhance interoperability between providers and payers.Optimizing Revenue Cycle ManagementReducing inefficiencies in revenue cycle management (RCM) has
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Healthcare Blockchain Developer Embleema Nabs $3.7M to Develop Blockchain Apps for Patients
Healthcare-blockchain developer, Embleema has raised $3.7M in Series A funding round, led by strategic partner Pharmagest, a leading pharmacy software group in Europe, and Techstars. The funds will serve to accelerate the joint development of blockchain-based applications for patients and pharmacies, and further Embleema’s commercial deployment. CEO Robert Chu left his role as Senior Vice President, Global Technology Solutions at IMS Health to start Embleema in June 2017 and is supported by a
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HSBlox’s Blockchain Advances Clinical Trial Sample Management with Increased Visibility,
HSBlox, a technology company that is bringing innovation and transparent economics to the healthcare ecosystem, today announced the launch of its Digital Sample Manager (DSM) solution, which leverages blockchain technology (distributed ledger technology or DLT) to bring improved visibility, transparency and tracking to the chain of custody in clinical trials. The solution provides end-to-end sample tracking and real-time status updates to all chain of custody entities.Advancing Clinical Trial
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Blockchain Technology: A Hopeful Secure Solution for Healthcare?
An electronic health record, or EHR, contains the patient’s name, date of birth, and social security number. It also contains the names of the patient’s employers, dependents, and more. Considering the increasing number of healthcare data breaches, blockchain technology that enables patient-mediated health data exchange provides a potential security solution opportunity.Infographic created by Duquesne University School of Nursing illustrates the promising potential of utilizing blockchain
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Change Healthcare Acquires Blockchain Startup PokitDok Assets
Change Healthcare announced that it has acquired intellectual property (IP) and other key assets from PokitDok, Inc., a blockchain platform-as-a-service company for healthcare. The integration of key PokitDok APIs into the network will add new capabilities for digital health, telemedicine, and other new, disruptive care models that support value-based, patient-centric healthcare.Founded in 2011, PokitDok’s platform-as-a-service makes it faster and easier for healthcare organizations to bring new
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Shivom Partners With Lifebit To Power AI-Analysis of DNA Data For Clinical Trials
Shivom, the blockchain genomics platform that is powering personalized healthcare, has partnered with Lifebit, the AI-powered DNA-analysis firm, to give users unprecedented reporting capabilities for DNA data analysis. The partnership will mean that immediate Genome Wide Association Study (GWAS) analysis is possible, with no specialist knowledge or in-house data scientist required. It also means that users can access a library of pipelines (ready-built software that is used for analysis) and an
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Blockchain: Would You Trust an App to Protect Your Medical Records?
When it comes to medical records, privacy is paramount in the healthcare industry. It is for the very same reason that blockchain technology creates some amazing opportunities for innovation and disruption in the sector.Notorious as the technology powering up Bitcoin cryptocurrency transactions, blockchain is an encrypted ledger of digital transactions, distributed across multiple nodes through a peer-to-peer-type network that also leaves an auditable log trail of the events taking place. Every
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Utilizing Blockchain in Healthcare: 3 Lessons Learned from Abroad
According to the Edelman Trust Barometer, America is suffering from a serious trust issue, and one of the areas which Americans seem to have the least faith in is their healthcare system. According to a recent New York Times article, in 1966, more than three-fourths of Americans had great confidence in medical practitioners, compared to as little as 34 percent today.Many argue that the US healthcare system is deeply flawed and is designed to benefit medical providers and insurance carriers
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Change Healthcare, TIBCO Collab to Bring Blockchain-Powered Smart Contracts to Healthcare
Change Healthcare and TIBCO Software, today announced a collaboration to build the first blockchain-powered smart contract system for healthcare to enable payers to automate processes across the healthcare transaction lifecycle. Using the Change Healthcare Intelligent Healthcare Network blockchain technology and TIBCO's smart contract developer project, Project Dovetail automates events across the healthcare transaction processing lifecycle.Benefits of Blockchain-Powered Smart Contracts in
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Mount Sinai Opens Center for Biomedical Blockchain Research to Develop Healthcare Blockchain Apps
First venture launched by an academic medical center to use blockchain technology to solve healthcare and medical science problems. The Icahn School of Medicine at Mount Sinai and the Institute for Next Generation Healthcare has announced the official opening of the Center for Biomedical Blockchain Research. The center is the first of its kind at any academic medical center to utilize blockchain technology, a distributed, decentralized secure database system originally developed for Bitcoin, to
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