Blockchain’s the prescription for inefficient health care payments

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These are uncertain times for the health care industry. With the Affordable Care Act in jeopardy, premiums rising and an estimated 44 million people in the United States still without health insurance, the general public is calling for a change in the status quo.

Thankfully, recent advancements in blockchain technology are seeking to do just that, streamlining efficiencies by making health care an achievable and cost-efficient reality for all.

For patients, it’s the immutability and interoperability across institutional and geographic boundaries that’s perhaps the most attractive attribute of blockchain technology.

Once placed on the decentralized ledger, patient data can be viewed by hospitals in any participating jurisdiction, city or country. The potential here is boundless. Imagine that you’re hurt

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Read full article » http://www.paymentssource.com/opinion/blockchain-can-make-health-care-payments-more-efficient


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