Quote from: prince05 on February 13, 2018, 05:00:19 PM

Blockchain in Healthcare is a positive approach especially when it comes to protecting the rights of the patient. This technology can be used by insurances for faster transaction times as well as processing of claims. I am currently working in one of the major Insurances in the US and in one of their discussions they are considering blockchain in the daily processing of their claims and other stuff. So blockchain is already the future of almost everything not only on the healthcare sector but could be beneficial in any sector of our life.

I've been really impressed with the responsiveness from insurers. Humana had a great whitepaper by Kyle Culver about using the blockchain to improve claims adjudication. While the operational efficiencies alone are pretty exciting what really interests me are the possibilities that are unlocked if you can get claims processed in near real-time. Coming from a revenue cycle management background that would be huge for doctors because then they could actually collect the full patient obligation or arrange clear payment plans BEFORE the patient even leaves the office. It also finally allows for some price transparency where patients would be able to inquire about how much a service will cost them before they receive it. With the increasing shift towards patients paying a larger proportion of their care, these changes really couldn't come soon enough.