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Blockchain News in Healthcare

Change Healthcare and the Fight for Blockchain Solutions

by Michael Scott

At the HLTH — The Future of Healthcare conference earlier this month in Las Vegas, banners for Change Healthcare, a firm on the cutting edge of the healthcare system’s use of distributed ledgers, were on prominent display throughout the event center. Speaking at this event, Change’s president ...

HLTH, The Future of Healthcare Event: Six Blockchain Observations

by Michael Scott

Back in 1988, as a newly minted, 21-year-old human resources professional, I attended my first American Hospital Association convention at the Opryland Hotel in Nashville, Tennessee. The vastness of this hotel complex combined with the thousands of visitors that were in attendance made this an ...

Patientory Forges a New Frontier of Health Information Access

by Michael Scott

By bringing real-world blockchain solutions to one of the biggest pain points in medical industry cost-efficiency, security and access to healthcare data, Patientory is rapidly establishing itself as a leader in the healthcare data revolution. For Chrissa McFarlane, a series of observations from ...

Dentacoin Is Creating a Global Blockchain Community for Dental Care

by Giulio Prisco

Dentacoin, a foundation based in the Netherlands, is developing distributed ledger technology (DLT) solutions for the dental industry, with the goal of forming a global community of service providers and patients that work together to improve the quality of dental care and make it more ...

Blockchain Technology and the Healthcare Revolution

by Victor Savevski

Although the principles from which bitcoin and other cryptocurrencies originated were initially exploited and tested in the economic field, the technology behind these digital tokens has the potential to radically renew many sectors, including healthcare. At a very high level, blockchain ...

Intel’s David Houlding on Blockchain Solutions for Solving Healthcare Fraud

by Michael Scott

Fraud is one of the most pernicious issues facing healthcare today. It exists in virtually every segment of the industry, contributing significantly to care delivery costs and inefficiencies. These fraudulent activities occur in a number of different ways, including the alteration and/or ...

HLTH Conference Brings Focus to Blockchains in the Healthcare Industry

by Christopher Tozzi

What role will blockchain technology play in the future of healthcare? The upcoming HLTH conference, which aims to bring together healthcare industry representatives with next-generation technology experts, promises to help answer that question. The conference, which takes place in Las Vegas ...

What Can Blockchain Technology Mean for Cancer Prediction and Prevention?

by Michael Scott

The pioneering work of Craig Venter, the genetic scientist who founded the Human Genome Project, brought vast awareness to the field of genetic research and its immense potentialities. As a result, a person’s genomic data now holds high market value, particularly as it relates to efforts to ...

Global Partners Create Healthcare, Cryptographic Mining Project

by Giulio Prisco

Longenesis — a Hong Kong-based operator that targets healthcare applications powered by deep learning, a branch of artificial intelligence (AI) and blockchain technology — announced a partnership with Estonia-based Neuromation to convert cryptographic mining infrastructure into a massive cloud ...

Building the Blockchain of Genetic Data

by Michael Scott

Blockchain technology’s vast ocean of potential applications has been well documented. Now there is word that these digital ledger applications could help spark new advancements in drug development and genetic privacy while allowing consumers to earn some income in the form of cryptocurrency. ...

The Future of Distributed Compliance Management for Healthcare Professionals

by Michael Scott

For licensed medical professionals as well as the health organizations that employ them, the management of compliance records can be a challenging endeavor. This conundrum underscores the need for new advancements in secure storage and document access, which could eliminate paperwork while ...

Incentivizing Healthy Behaviors With Blockchain Technology

by Michael Scott

Healthy lifestyles are big these days. The Global Wellness Institute, which studies emerging trends in the field, found that the industry is a $3.7 trillion market worldwide. With this, growing numbers of entrepreneurial businesses that promote incentive-based wellness activities are sprouting ...

Distributed Ledgers Can Streamline Clinical Trials

by Giulio Prisco

In “Re-Engineering Clinical Trials: Best Practices for Streamlining the Development Process,” a 2014 book edited by Peter Schueler and Brendan Buckley, experts describe how the pharmaceutical industry is currently operating under a business model that is not sustainable for the future. As a ...

Can Blockchains Help Solve the Drug and Alcohol Addiction Crisis?

by Michael Scott

Drug and alcohol addictions are a worsening crisis in the U.S. Opioids in particular have garnered major media attention, having been declared a national public health emergency by the Department of Health and Human Services. With these concerns comes word of a novel blockchain-based project ...

VitalHub Brings Blockchain Technology to Mental Health

by Andrew Nelson

VitalHub has spent the beginning of 2018 making a dedicated leap into blockchain technology.The Toronto-based healthcare technology provider announced on January 11, 2018, that it was entering the intersection of healthcare and blockchain technology. Previously, the company was focused solely on ...

HealthCombix Founder Cyrus Maaghul on Where Blockchains Are Needed in Healthcare

by Michael Scott

Cyrus Maaghul is a lifelong entrepreneur, currently exploring how blockchain, smart contract and decentralized autonomous organization technology can help solve issues within the healthcare industry. He is the founder of HealthCombix — a healthcare-focused, blockchain-based population health ...

Blockchain-Powered Health Coin Could Mean Self-Directed Healthcare

by Michael Scott

There has been a great deal of media attention regarding the U.S. healthcare system and its continuing struggles post-Obamacare. Saddled with soaring costs, inconsistencies in medical care and patient access barriers, consumers face major obstacles when seeking quality, affordable health ...

Can Blockchains Ignite a New Health Information Narrative?

by Michael Scott

The seamless flow of health information is often cited as a key factor in the effective engagement between patients and their health providers. Unfortunately, today’s healthcare markets have lagged behind on this measure amid legacy IT systems that are slow, archaic and siloed. Of course, ...

IBM Partners with the CDC to Bring Blockchains to Public Health

by Giulio Prisco

In Watson Health’s panel discussion at the Fast Company Innovation Festival in New York, IBM’s Chief Science Officer Shahram Ebadollahi announced that IBM Watson Health has signed an agreement with the Centers for Disease Control and Prevention (CDC) to explore the benefits of blockchain and ...

The Future of Community Health In Smart Cities

by Michael Scott

A smart city is a concept in which information and communication technology integrate with “Internet of Things” (IoT) technology to connect machine components across an urban landscape. A smart city plan has the potential to improve city infrastructures by minimizing costs, foster innovation and ...

International Technology Player Joins Healthcare Consortium

by Michael Scott

Blockchain technology in healthcare is real. It has the potential to help healthcare providers and payers bridge traditional data silos, dramatically increase efficiencies, keep healthcare data secure and streamline patients’ access to medical data. However, professionals in healthcare seem to ...

Distributed: Health Signals Industry Embrace of Blockchains

by The Distributed Ledger

During the Distributed: Health conference, September 25 to 26, over 725 healthcare and blockchain leaders from around the world converged in Nashville, Tennessee, to explore how blockchain technology is transforming the healthcare industry. This year’s conference included a 24-hour hackathon, a ...

The Future of STEM Research Could Lie on the Blockchain

by Giulio Prisco

In academic and scientific research, current authorship and crediting systems are widely considered insufficient and even nonsensical. “We have the tools and volition to broadly collaborate and share information, but the formation in collaboration is hindered because the credit system does not ...

University of Surrey Picks Distributed Ledger Technology To Manage Biometric Data

by Giulio Prisco

For the last several years a major topic in technology has been about how to harness the exponentially greater amount of data we have access to thanks to the internet. One consistently discussed concept linking health, business, and technology is finding a way to capture biometric data and ...

A Platform To Bypass Healthcare’s Legacy Technology

by Michael Scott

In 2006 the Harvard Business School Press published a book — Redefining Health Care: Creating Value Based Competition on Results, by Michael Porter and Elizabeth Olmsted Teisberg — that offered a compelling critique of our healthcare system. However, the book also introduced a breakthrough ...

The State of Illinois Moves Provider Credentialing to the Blockchain

by David Hollerith

2017 has proved to be a busy year for legislation in blockchain technology. While not every state is necessarily coming around to the blockchain, most are at least addressing the technology. It’s reported by BlackLine Advisory Group that as of July 27, “at least 16 bills have been enacted or ...

Changing the Rx for Healthcare's Woes

by Michael Scott

Healthcare in the U.S. has reached a pivotal point. While battles over health reform rage throughout Congress, Americans continue to be faced with soaring costs, quality of care deficiencies and barriers to medical service access. All this comes amid reports that out of control administrative ...

Modernizing Pharma's Supply Chain

by Giulio Prisco

Lipscomb University, based in Nashville, Tennessee, has formed a partnership with Hashed Health, a healthcare innovation company focused on blockchain technology. The partnership, as reported by the Tennessean (USA Today network) in June, will explore potential uses for distributed ledgers in ...

Life Science On the Distributed Ledger

by Michael Scott

Bioscience is an area in medical science that involves genetic research, disease prevention and lifestyle treatments. It’s been around for a long time but the infrastructural application of blockchain technology offers the possibility of significant advancement.According to a June 2016 survey of ...

Author Q&A: The Blockchain Book for Healthcare

by Michael Scott

Peter B. Nichol, managing director of OROCA Innovations, is one of the world’s foremost experts in healthcare and blockchain technology. He is also the author of the recently released book “The Power of Blockchain for Healthcare.” In light of his expertise and the publication of this new book, ...

Questions Loom for Healthcare's Data Security

by Michael Scott

The speed of the internet makes personal healthcare information more readily available than ever before. Though it’s tough to quantify the results of this change, it seems certain that health data security will remain a top priority for hospitals and other healthcare organizations tasked with ...

Reducing Friction In Healthcare Payment

by David Hollerith

In a NYT article dated May 15, 2017, A Whistle-Blower Tells of Health Insurers Bilking Medicare, journalist Mary Williams Walsh brought attention to the latest instance of insurance companies “gaming” healthcare. According to the article, UnitedHealth had made patients appear sicker than they ...

A New Frontier for Community Healthcare

by Michael Scott

America’s community health center movement originated as a group of public health and justice advocates who became active during the 1960s. A major catalyst in the movement’s development was a young South Africa-educated doctor named H. Jack Geiger. Geiger committed himself to observing how a ...

The Blockchain And Global Health

by Michael Scott

Amid the popularity of worldwide travel, a growing number of people are aligning their trips with healthcare services. The basis of this movement is known as medical tourism.This is a concept in which people travel outside of their home country to obtain medical treatment that is often cheaper ...

IBM Report Highlights Blockchain’s Value in Healthcare

by Michael Scott

As blockchain technology is adopted more widely within healthcare, a recent survey sought to gauge the intersection between the industry and disruptive innovation.In a report titled “Healthcare Rallies for Blockchain: Keeping Patients At The Center,” the IBM Institute for Business Value and The ...

Free Markets and Consumer Healthcare: Hashing Out a Solution

by Michael Scott

It’s a well-known fact that U.S. health systems function in a very disjointed way. Consumers get little or no information enabling them to make informed decisions about their care. Moreover, they are often enmeshed in health delivery networks that give them no self-directed choice. Cost and ...

Reshaping U.K.’s National Health Service With the Blockchain

by Michael Scott

The National Health Service (NHS) is a British legacy institution tasked with caring for 65 million people. Despite existing as a model for universal healthcare, the system is rife with challenges: a bloated bureaucracy, outdated systems, clinical failure, internal political squabbles and ...

Building A New VA Healthcare System, Block by Block

by Michael Scott

There continues to be a flurry of media attention about persistent problems facing the V.A. health system. As the largest integrated health system in the U.S., the system serves 8.76 million veterans annually at over 1,700 care sites. It is also the nation’s largest provider of graduate medical ...

Are Patient Payment and Records Solutions Just Around the Block?

by Michael Scott

In the U.S., the complex nature of health payment and records systems has been well documented. This is widely viewed as a key bottleneck in a healthcare industry saddled with soaring costs, spotty care and barriers to patient access.For a broader perspective on what can be done to address these ...

Hashed Health Launches Blockchain Consortium for Healthcare Companies at Distributed: Health Conference

by Christie Harkin

Hashed Health, a new collaborative healthcare innovation company, has announced a major partnership with Martin Ventures, a global leader in healthcare and technology initiative investment. Its mission is to bring together leading healthcare enterprises in order to advance distributed ledger ...

Blockchain Sets a New Standard for Health Record Operability, Says New Research Paper

by Giulio Prisco

A new research white paper, How Blockchain Technology Can Enhance EHR Operability, jointly published by Ark Invest and Gem, makes a thoughtful case for the need to modernize the way electronic patient health records, called EHRs, are accessed and handled across the healthcare industry. According ...

Winners of Health IT Blockchain Challenge Showcase Trends in Privacy, Interoperability and Claims Processing

by Giulio Prisco

Chosen from among more than 70 submissions, recently announced winners of the Blockchain Challenge in Health IT reflect critical developments in encryption, distributed ledger interoperability and smart-contracts claims processing, addressing issues that have long vexed the healthcare industry.A ...

Understanding Blockchain's Role in the Labyrinth of Healthcare

by Pete Harris

The infrastructure that underpins the healthcare industry is increasingly cited as ripe for a redux based on blockchain technology – to improve efficiency and reduce costs, and provide better services to patients. But the devil is in the details, so Distributed asked David George, Chief ...

The Fast-Growing Impact of Distributed Ledgers on the Healthcare Sector

by Giulio Prisco

Gem, a provider of enterprise blockchain solutions, recently launched Gem Health, a network for developing applications and shared infrastructure for healthcare powered by the Ethereum blockchain and announced that Philips Blockchain Lab, a research and development center of healthcare giant ...

Rubix by Deloitte on Blockchain Use Cases for the Pharmaceutical Supply Chain

by Pete Harris

“Within one value chain - the pharmaceutical supply chain for drug products - many use cases exist across the board where there’s an opportunity to leverage blockchain technology. Why? Because in this value chain there are many points where processes break down due to a lack of transparency and ...

Healthcare: Can the Blockchain Optimize and Secure It?

by Jacob Donnelly

The disruptive nature of blockchain technology is easy for people to conceptualize in the field of finance. T+3 interferes in traders being able to maximize earnings – payments shouldn’t take days to process while an email can be sent in seconds. As the first use case in many to come, finance is ...