The exponential progress of blockchain applications can benefit population health, medical records, and patient-generated data.
The 1st industry to visibility take advantage of blockchain was economical services. Economical services had the courage to believe in the potential of blockchain technologies and grew a 3 tier model:
- Applications and solutions (brokerages, exchanges, soft wallets, hard wallets, investments, merchants, compliance, trading platforms, capital markets, microtransactions, money services, banks, ATMs, payroll and insurance, payments, trade finance)
- Middleware and services (services, software development, general APIs, special APIs, platforms, smart contracts)
- Infrastructure and base protocols (public, special, payment, miners)
Healthcare is late to the show but also has not missed the show. Blockchain chances are changing healthcare internationally – blockchain is fitting into a new world.
Population health management
Health information exchanges (HIE) and all-payer claim databases (APCD) have become obsolete with blockchain. It does not make sense to believe organizations to verify member’s trustworthiness when it is not needed with blockchain. Eradicating this prehistoric middleman increases data security and removes the cost, time, and resources needed to prove that a party is doing what they say they will do. Latest models that share medical records are emerging.
Healthcare mobile communications and notifications
Tierion can gather data from web and mobile apps, record data in the blockchain and slingshot data to other systems by utilizing REST API or HTML form submissions. Already have an existing mobile application? Leveraging REST APIs can extend functionality and offer a “safe” way to amplify your corporate innovation footprint. In the month of October 2015, Philips Healthcare’s declared a joint blockchain project with Tierion.
PGHD meets wearables
Patient-generated health data (PGHD) has exceptional potential, but to-date has not delivered the promised value. Mainly, because this data never makes it to the sufferer.
The post Blockchain apps for healthcare appeared first on Healthcare Insurance News.