In the digital economy, every industry runs on data. In the healthcare industry, there is no greater need than to have total view and capitalization of data. But this need inherits others—the need for security, transparency, and interoperability.
In an industry rife with inefficiencies and systemic vulnerabilities (e.g. counterfeit prescription drugs), the benefits of using blockchain to address these needs cannot be ignored. The application of this technology will provide secure
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Healthcare Blockchain | Impact of Blockchain in Healthcare News, Analysis, Insights - HIT Consultant
Healthcare Blockchain Startup BurstIQ Nabs $5.5M for HIPAA-Compliant Blockchain Platform
- BurstIQ raises $5.5M for HIPAA-compliant blockchain platform services for on-chain data management, complex data ownership, and granular consent.- The healthcare blockchain-based software company plans to aggressively expand sales, marketing, and network growth.BurstIQ, an Denver, CO-based provider of HIPAA-compliant blockchain solutions for the healthcare industry has raised $5.5M in Series A funding led by Elsewhere Partners. Elsewhere, a growth-stage venture capital firm which invests in
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Can Blockchain Technology Fix Healthcare’s Problems? Not Even Close
Blockchain has been making big waves across healthcare, heralded as the technology that’s going to save healthcare. The excitement is understandable. Just about every segment of healthcare is fragmented — almost to the point of dysfunction. What better way to bind it together than via a digital ledger that affords the ability to securely, privately, and comprehensively track health records? It’s compelling — and it seems healthcare is ready to move full speed ahead with blockchain. Is
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3 Ways AI and Machine Learning Are Reshaping Medical Records
Since at least 2012, the world of medical records in both the public and private sectors remains dominated by a push toward interoperable data, and more broadly useful health data. Like everything else in American healthcare, the effort has been only moderately successful despite a price tag in the billions. In a modern digital world, where technologies in so many industries are bringing better insights and next generation efficiency – driven by cloud computing, big data, AI and machine learning
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Blockchain Solve.Care Integrates With Uber Health to Deliver Non-Emergency Medical Transportation for Patients
Solve.Care, a global healthcare platform which uses blockchain technology for the administration, coordination, and payments of healthcare benefits, has announced a partnership with Uber Health, allowing healthcare organizations to provide accessible and affordable rides to patients and caregivers. Integration Details & BenefitsEvery day, 10,000 patients miss or delay care due to a transportation barrier. The partnership will result in the integration of Uber Health’s transportation
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IBM, KPMG, Merck and Walmart to Launch FDA Blockchain Pilot Program
IBM, KPMG, Merck, and Walmart today announced that the companies have been selected by the United States Food and Drug Administration (FDA) to be included in a blockchain pilot program in support of the U.S. Drug Supply Chain Security Act (DSCSA) that addresses requirements to identify, track and trace prescription medicines and vaccines distributed within the United States.Pilot Program OverviewThe FDA pilot program is intended to evaluate the use of blockchain technology to assist drug supply
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Improving Social and Cultural Determinants of Health Through Technology
In a perfect world, every individual would have equal access to adequate healthcare services regardless of socioeconomic status or cultural background. In the real world, both play a significant role in the level and quality of care a person might receive. It is critical that the healthcare industry as a whole remains cognizant of social and cultural determinants as it continues to innovate and transition towards value-based care models.
We have long been aware of the care challenges faced by
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Pfizer, McKesson, Others Join MediLedger’s Blockchain Project Working Group
Leading life sciences and healthcare companies Pfizer Inc., McKesson Corporation, AmerisourceBergen Corporation, and Premier Inc. have joined the MediLedger Project Contracting and Chargebacks working group, a second working group running in parallel to the ongoing DSCSA working group started in 2017. MediLedger is an initiative of Chronicled, Inc., a San Francisco-based technology company, that builds blockchain-powered ecosystems and supply chain solutions.Network VisionMediLedger uses
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FDA Approves Blockchain/IoT Pilot to Track Specialty Prescription Drugs Across 3 States
The U.S. Food and Drug Administration (FDA) has approved a multi-regional pilot studying the use of blockchain-enabled data technology to track and verify specialty prescription drugs, to ensure safety, enhance value and improve health outcomes.Blockchain Pilot Consortium & Implementation TimelineThe pilot consortium is comprised of Rymedi,Temptime/Zebra, Indiana University Health, WakeMed Health & Hospitals, Good Shepherd Pharmacy and its RemediChain project, as well as the Center for
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InstaMed Launches Blockchain App Prototype for Healthcare Payments
InstaMed, a healthcare payments network, announced that it released a blockchain app prototype to demonstrate how blockchain technology could be leveraged for the interaction points among providers, payers and consumers including claim submission, claim adjudication, claim payment, patient billing, and patient payment. InstaMed built the blockchain prototype on HL7 FIHR v4. Full Visibility into Full Lifecycle of A Patient EncounterProviders and payers nationwide are challenged to find ways to
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