Trust is everything in the healthcare business; anything to accelerate the process is a win.
As the healthcare industry slowly becomes more connected and more interoperable, organizations are attempting to implement data management strategies that balance privacy and security with collective access and accessibility.
Surveys and reports have suggested that providers, payers, and pharmaceutical companies are among the stakeholders eager to explore blockchain-based tools for administrative tasks, data exchange, and patient management.
If the initiative is successful, it could result in more confidence that blockchain is ready for prime time in healthcare. Wider adoption for identity management could expand into leveraging distributed ledger technology for other key value-based care tasks.