By David Pimentel January 19, 2018
The US Department of Veterans Affairs (VA) is seeking for proposals on how blockchain technology can help improve its operations.
VA is a federal cabinet-level agency that provides near-comprehensive healthcare services to eligible military veterans at VA medical centers and outpatient clinics located throughout the country. It offers several non-healthcare benefits including disability compensation, vocational rehabilitation, education assistance, home loans, and life insurance. It also provides burial and memorial benefits to eligible veterans and family members at 135 national cemeteries.
During the AFCEA Bethesda’s 10th Annual Health IT Day, VA chief technology officer Charles Worthington said the agency’s approach to blockchain is to take a step back and look at the problem the department wants to solve.
“We really would be looking to industry to surface use cases for us,” said Worthington. “I think we’re going to be coming to industry with problems we have, and if you think blockchain is an appropriate solution, bring it to us.”
More at: Blockchain Solution Proposals Sought By Department of Veterans Affairs – BlockTribune
By Premdharan Meyyan Guest Column January 16, 2018
According to a common refrain, blockchain will “transform” and “disrupt” the life sciences industry. While the technology’s applications in industries such as banking and broader financial services are readily apparent and, in fact, already being adopted, tangible applications in the life sciences prove more nebulous.
Fuld + Company conducted an analysis aiming to nail down the areas within the life sciences industry in which blockchain shows the most immediate promise. Our findings suggest clinical research being conducted in the context of new drug and device development is the area most ripe for innovation using blockchain. The immutable nature of the technology holds the key to answering concerns around data transfer, data integrity, and overall transparency of the clinical development process for both internal and external stakeholders.
More at: Decrypting The Utility Of Blockchain In Clinical Data Management – Clinical Leader
By Elizabeth O’Dowd January 9, 2018
Change Healthcare announced the general availability of its healthcare blockchain solution for claims management to deliver transparent claim lifecycles.
The new healthcare blockchain release aims to introduce blockchain into the healthcare industry and increase trust by enabling greater auditability and traceability. This will also create a more secure and manageable revenue cycle management process.
Change Healthcare previously announced the launch of its Intelligent Healthcare Network back in September, with the intention of a full-scale rollout by the end of 2017.
More at: First Healthcare Blockchain Claims Management Solution Released – HIT Infrastructure
By Lee A. Schneider January 5, 2018
Blockchain is rapidly becoming the focus of conversations regarding health care disruption, and for good reason. What started out as a means for cryptocurrency is now making waves in a variety of industries, set to revolutionize how data is stored and shared.
The inability to easily and securely store and share data has long been a burden on the health system. Blockchain poses a solution to that through encryption and highly advanced technological assets which open the doors to health care innovation. Today we see blockchain being used with electronic health records (EHRs) so that a patient’s medical history is easily accessible to him/her, as well as his/her doctors, insurance providers, etc. It’s also providing the “how” in implementing value-based payment agreements, which link payment to performance of a drug or medical device. Blockchain is currently being used both in the private and public sectors, including the FDA and the CDC. While the full potential of this new technology is not yet known, the industry seems eager to find out.
Ahead of this year’s J.P. Morgan Healthcare Conference, we sat down with Lee Schneider, our top blockchain thought leader, to talk specifically about how this new technology is revolutionizing (or has the potential to revolutionize) the health care space.
Q: In layman’s terms, what is blockchain and why is it a topic of such great interest right now, particularly when it comes to the health care industry?
A: Blockchain is a ledger technology that allows people to track digital assets. This is important because a digital asset can be copied an endless number of times. People call this the “double spend” problem. But if you can track each one with certainty, then digital commerce becomes possible because when you move the digital asset on the blockchain ledger, you are certain of its provenance.
More at: Blockchain: Health Care’s Next Great Disruptor? – National Law Review
By Bill Siwicki January 3, 2017
Akiri, backed by the American Medical Association, is developing a networking platform it says will help healthcare organizations more easily share data via blockchain.
San Francisco-based startup Akiri on Wednesday launched a blockchain-based network-as-a-service platform for healthcare. It’s fueled by $10 million in funding from Health2047, an innovation enterprise whose founding investor is the American Medical Association.
Starting with a secure, private, network-as-a-service, Akiri Switch, the technology will create a network of trust on which only subscribers can share data.
Akiri Switch is not a health information exchange, an extract-transform-load process nor an electronic health record, according to Akiri. Instead, it is an invitation-only, subscription-based, private network. Rather than store health information, it will be able to transmit data among healthcare organizations through a standardized system of codes.
More at: Blockchain network-as-a-service platform scores $10 million from AMA – Healthcare IT News
By Elizabeth O’Dowd December 19, 2017
Health IT Infrastructure went through many transformations in 2017 from healthcare blockchain and the Internet of Things (IoT), to artificial intelligence and machine learning.
Healthcare organizations are looking to their infrastructure to help cut back costs while improving workflow. This is especially critical as value-based care initiatives continue to influence IT decision-makers. Organizations need a solid IT infrastructure to support tech-intensive programs such as big data analytics and telehealth.
The top stories on HITInfrastructure.com in 2017 spanned many different IT infrastructure topics including APIs, virtualization, and blockchain. Entities are considering every aspect of their health IT infrastructures to support current and future technological innovation for healthcare.
Here are the top 10 stories of the past year:
10. Healthcare Blockchain Puts Patients in Control of EHRs
Blockchain was one of the most talked about healthcare topics of 2017 because of its potential implication in healthcare. From supply chain to EHRs, blockchain is being considered for several different uses in health IT infrastructure.
More at: Healthcare Blockchain, Cloud, Virtualization Top 2017 Stories – HIT Infrastructure
By Catherine Rowell December 11, 2017
In a bid to give patients greater control over the management of their healthcare, Nokia are looking at ways in which blockchain can make this a reality. A recent blog has highlighted the company’s ambitions to bring a multitude of advantages to patients and provide a system which is not only secure, but enable the development of a new global healthcare platform, transforming the traditional industry.
Undertaking a pilot with Finnish company OP Financial Group, Nokia will work “to explore new opportunities in the rising field of Digital Health, with the aim of giving people more control over their personal health data – how it is shared, who can access it, and how it can be used – with a focus on privacy and security offered by blockchain technologies.”
Similarly to platforms such as WhatsApp, the technology will have encryption embedded to enable enhanced security, and guarantee that the information which is being received is from an authenticated device.
More at: Nokia look at how blockchain will transform the management of health data – Healthcare Global