Blockchain technology is finding its way in Healthcare Industry.Health care is a big Industry with a lot of problems that still need to be solved.Block chain on other hand,has pushed the boundary enough to solve its problems optimize how data is stored and also eliminate duplicate work.According to a recent report blockchain technology has the potential to transform health care, placing the patient at the center of the health care ecosystem and increasing the security, privacy, and interoperability of health data.
Details of Health Records
Data stored in block chains are safe and cannot be corrupted.This make the Blockchain technology handle many aspects of healthcare, including health data. As if now, record-keeping systems are siloed in many different places, under the control of disparate entities. This means that records of patient consent and medical history may be incomplete, conflicting or ambiguous. Blockchain-stored records can provide complete health records for individuals, and give patients more control over their own information. Any consents given can be stored to the blockchain as well. Among other things, blockchain can enable 1) the creation of secure validated health record data; 2) anonymous linking of identities with other transactional data; and 3) redecoration of patient consent. All of this can be done without a central gatekeeper. Some solutions may leverage a hybrid public-private blockchain solution where personal information is stored on a private blockchain and only those to whom the patient grants consent can access that data. The private blockchain can interact with a public blockchain, e.g., using only anonymized data from the private blockchain to leverage other functionality.
Clinical Data Exchange and Interoperablity
Blockchain technology can be used for clinical trial management.It will create a network of data where everyone including laboratories, hospitals, doctors, nurses.. can access records accordingly with the permission that is available.
Health Research and Clinical Trails
Blockchain tools can automatically aggregate clinical data and distribute it to various researchers and practitioners. Due to the immutability of the blockchain records, the audibility and validation of data can be simplified.
Today supply chains can be managed using blockchains.Some food industries uses blockchain networks from production, processing, storage and finally to the distribution. Distribution of pharma products,equipment etc can be maintained in blockchain making it more reliable and safe.
Billing and Claim Management
and integrity of the blockchain solves the processing issues of bills
and claim.payment process becomes more secure and easy.
Provider credentialing is another task for which blockchain is well-suited as is health plan provider directories. These concepts are not theoretical. Just recently, Humana, Multi Plan, Optum, Quest Diagnostics and United Healthcare announced a pilot program that will apply blockchain technology to improve data quality and reduce administrative costs around provider data management