
Blockchain to Revamp the Healthcare Landscape
According to various tech experts, blockchain will be disrupting a large number of industries in this year including medical services. It was originally created to track Bitcoin transactions and share information of transactions across interested parties. The medical industry is set to become the next major field to be disrupted by the emergence of blockchain technologies. According to a recent study by IBM, more than half of the healthcare providers will be implementing this technology into their organizations by 2020. The distributive ledger technology ensures data integrity while sharing between parties and can collaborate between rising trends in healthcare.
Filling out medical history forms will soon become a thing of the past as patients will be able to electronically share their own virtual records and interface them with a disapparating medical record system. Providers can add new records associated with particular patients and then the patients can authorize sharing of those records between providers. Everyone in the chain will have quick, controlled access to any changes in the data distribution across all the members of the chain that can also include medical practitioners insurance providers.
The medical data that will be moved to the healthcare ecosystem will be secure and trusted and will become the differentiator in the market. The healthcare industry is sinking in a lot of data from patient medical records to clinical trials, complex billing, to medical research. It has the potential to provide the infrastructure that is needed to keep health data private while leveraging the advantages of connected medical devices. It also reduces the cost of billing by removing the need for intermediaries with automated activities and efficient processing.
Check This Out:
Social Media: Facebook | Twitter | Linkedin
CIO Review | Crunchbase
CIO Review | Review
CIO Review Client: Flagship
ON THE DECK
Featured Vendors
Sunquest Information Systems Inc.: Transforming Medical Laboratories into Enterprise Strategic Pillars
Smartlink Mobile Systems: Patient/Provider Mobile Communication App Improves Quality of Care and Ensures Full Compliance with Medicare Chronic Care Management
GSI Health: Enabling Effective Population Health Management through the Marriage of Care Coordination with Analytics
HealthCare Information Management, Inc: Simplifying Healthcare Payer Operations through Claims Automation
Wipro Healthcare & Life Sciences Combining Innovation with Expertise to Redefine Healthcare Delivery
Shareable Ink: Simplified Clinical Documentation for Anesthesia, Providers, Patient Check in &Surgery Centers
EDITOR'S PICK
Essential Technology Elements Necessary To Enable...
By Leni Kaufman, VP & CIO, Newport News Shipbuilding
Comparative Data Among Physician Peers
By George Evans, CIO, Singing River Health System
Monitoring Technologies Without Human Intervention
By John Kamin, EVP and CIO, Old National Bancorp
Unlocking the Value of Connected Cars
By Elliot Garbus, VP-IoT Solutions Group & GM-Automotive...
Digital Innovation Giving Rise to New Capabilities
By Gregory Morrison, SVP & CIO, Cox Enterprises
Staying Connected to Organizational Priorities is Vital...
By Alberto Ruocco, CIO, American Electric Power
Comprehensible Distribution of Training and Information...
By Sam Lamonica, CIO & VP Information Systems, Rosendin...
The Current Focus is On Comprehensive Solutions
By Sergey Cherkasov, CIO, PhosAgro
Big Data Analytics and Its Impact on the Supply Chain
By Pascal Becotte, MD-Global Supply Chain Practice for the...
Technology's Impact on Field Services
By Stephen Caulfield, Executive Director, Global Field...
Carmax, the Automobile Business with IT at the Core
By Shamim Mohammad, SVP & CIO, CarMax
The CIO's role in rethinking the scope of EPM for...
By Ronald Seymore, Managing Director, Enterprise Performance...
Driving Insurance Agent Productivity with Mobile and Big...
By Brad Bodell, SVP and CIO, CNO Financial Group, Inc.
Transformative Impact On The IT Landscape
By Jim Whitehurst, CEO, Red Hat
Get Ready for an IT Renaissance: Brought to You by Big...
By Clark Golestani, EVP and CIO, Merck
Four Initiatives Driving ECM Innovation
By Scott Craig, Vice President of Product Marketing, Lexmark...
Technology to Leverage and Enable
By Dave Kipe, SVP, Global Operations, Scholastic Inc.
By Meerah Rajavel, CIO, Forcepoint
AI is the New UI-AI + UX + DesignOps
By Amit Bahree, Executive, Global Technology and Innovation,...
Evolving Role of the CIO - Enabling Business Execution...
By Greg Tacchetti, CIO, State Auto Insurance
Read Also
