Overview of Blockchain Implementation in Healthcare

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Содержание статьи:

  1. Benefits of using blockchain in healthcare
  2. Blockchain implementations in Healthcare
  3. Mainstream Healthcare and Blockchain

To list a few possible implementations:

  • Supply chain probity
  • Drug development & Medical Research
  • Data / Cybersecurity and  Healthcare IoT
  • Claims & Billing management
  • Ambulance and Emergency response
The administration of various information and reports is a very mental intensive labor, which is often wasted due to the inability to communicate because of various limitations in the healthcare system. Blockchain can elevate this to the next level.

Blockchain technology incorporates into a single, easily accessible database where doctors can find all patients’ diagnoses, medical histories, information about which doctors conducted each treatment, the medication and dosage they prescribed regardless of the type of electronic medical systems they used.

This maximizes the results from the effort that doctors put into doing administrative work, and most of it can be replaced with productive doctor-patient relationship and care.

Blockchain solves another severe issue – data protection and privacy which can additionally contribute to more reliable research results in developing or testing a new drug or treatment therapy as well as a superior quality control of the supply chain.

Blockchain’s LEDGER transparency guarantees minimum risks of claims and billing frauds thus reducing damage done to the health system of more than 200 million dollars per year.  

In short, it can help healthcare industries maximize the effectiveness of their doctors, while at the same time minimizing the repetitive data-entry and recovery activities that limit the doctors. With blockchain, all documents can be encrypted, yet accessible at any time.

Blockchain could potentially give doctors so many benefits, more free time means more time for patients, making doctors better superheroes than they already are.

MedRec is one prototype that implements blockchain for keeping and managing electronic health records and medical research data. It enables secure immediate access to patients’ records by other medical programs which avoids waste of time due to bureaucracy and procedure duplication.

In case of emergency, this is a life-saver. In addition, upon patient’s permission, it anonymously gives access to a medical record for research purposes and medical breakthroughs. MedRec is developed and supported by MIT Media Lab and a grant from Robert Wood Johnson Foundation.

Here are some of the companies that have already implemented or are working on putting blockchain systems to the test:

  • Coral Health
  • Patientory
  • Guardtime
  • Gem
  • Nebula Genomics
  • Chronicled
  • Medicalchain
  • SimplyVItal Health   
  • Blockpharma
  • Trio
  • EncrypGen
A long time may pass before we see blockchain being used as a powerful tool in the operating halls, but work is being done on getting closer to this state.

Many impediments need to be resolved before blockchain becomes widely accepted as a mainstream technology:

  • Deficiency of established blockchain standards.
  • Solving difficulties in inter-blockchain communication.
  • The necessity of developing off-chain system interfaces.
  • Faster development of interface independent from any third parties.
  • Making changes in consciousness and understanding of blockchain.

Taking into consideration that medical errors are among top five causes of death in the USA, we can all agree that incorporating decentralized technology to integrate and manage health data and medical records is more than necessary.

The future for blockchain in healthcare is inevitable, as a matter of fact, it already began.

How long do you think it will be before mainstream implementation?

 

Featured Image via BigStock.

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