News Aetna And Ascension Join Blockchain Healthcare Trial

Aetna And Ascension Join Blockchain Healthcare Trial

-

- Advertisment -

December 3, 2018 10:49 PM

The trial, which aims to remove inaccuracies in provider directories, was announced in April.

Healthcare giants Aetna and Ascension have both joined the Synaptic Health Alliance to trial blockchain technology for improved data storage and quality.

Aetna, which is undergoing a proposed merger with pharmacy chain CVS, is one of the biggest health insurers in the US and serves an estimated 39 million people across the nation. Ascension is the largest faith-based nonprofit healthcare provider in the US and the largest Catholic health system in the world.

The Synaptic Health Alliance launched on April 2 with five members: Humana, MultiPlan, Quest Diagnostics, UnitedHealthcare, and Optum. It plans to “determine if applying blockchain technology can help ensure the most current information about healthcare providers is available.” The project description notes that insurers currently maintain their own provider directories, with inaccuracies leading to delays in payment and lost revenue. The members hope that by utilizing a blockchain-based system, they can efficiently share data and remove inaccuracies.

The media team is the collaborating entirety of the writing staff at ETHNews

ETHNews is committed to its Editorial Policy

Like what you read? Follow us on Twitter @ETHNews_ to receive the latest Aetna, Ascension or other Ethereum healthcare news.



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

5 of the Best Crypto Jobs Sites

The cryptocurrency and blockchain job market has exploded. With new blockchain start-ups and projects being founded at...

What’s the future of decentralized blockchains?

When Bitcoin was new and not valued at anything or just a few cents anyone could join...

My 5 favorite free crypto tools & sites I use daily

So I often get asked by friends, or people visiting my site about new tips for exciting...

Cryptocurrency is The Last Kingdom Where You Can Keep Your Data Private

Data privacy has been a hot topic for quite some time now and particularly after the popularity...
- Advertisement -Aetna And Ascension Join Blockchain Healthcare Trial

How To Travel With Bitcoin: 9 Travel Companies Accepting Bitcoin

Bitcoin travel is a reality, as several travel companies now accept payments in cryptocurrencies for their services.

Top 5 Ways To Build a Profitable Business in The Crypto Sector

The crypto industry has grown significantly despite criticism and a skeptical approach from regulators across the globe....

Must read

5 of the Best Crypto Jobs Sites

The cryptocurrency and blockchain job market has...

What’s the future of decentralized blockchains?

When Bitcoin was new and not valued...
- Advertisement -

You might also likeRELATED
Recommended to you