Aetna And Ascension Join Blockchain Healthcare Trial

- Advertisement -

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

- Advertisement -

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



Previous Articles:

- Advertisement -

Latest News

Hamak Gold to Hold Bitcoin in Treasury, Aims for UK Leadership

Hamak Gold is moving part of its treasury funds into Bitcoin while continuing gold...

Symbolic 200 BRICS Bank Note Unveiled at 2025 Summit Sparks Buzz

A 200-denominated BRICS bank note appeared at the 2025 St. Petersburg forum, generating discussions...

$8.6B Bitcoin Move Sparks New Speculation Over Satoshi’s Identity

Bitcoin saw a record $8.6 billion transferred from dormant wallets in what is called...

Hong Kong to Expand Tokenized Bond Program, Eyes Regular Issuance

Hong Kong plans to expand its tokenized bond offerings and aims to make them...

Taiwan NSB Warns of Data Privacy Risks from China-Made Apps

Taiwan’s National Security Bureau (NSB) warns about security risks in China-developed apps like RedNote,...

Must Read

10 Best Bitcoin Debit Cards

You are reading this post because you want to get your hands on the best bitcoin debit card - right? Well, we got you covered. We...