Additionally, market analysts indicated blockchain could improve the review of medical outcomes and cost components. The blockchain technology in healthcare market is expected to exceed $1.6 billion by 2025.
Along with blockchain’s use in healthcare, the adoption of blockchain is anticipated to increase in the financial industry and by government organizations.
More organizations are beginning to use blockchain because of its ability to increase the efficiency of internal processes and cut costs of operations, such as documentation.
More articles on health IT:
OSF HealthCare joins funding for precision medicine software startup InsightRX
Movers and shakers: 10 latest leadership changes affecting health IT
Epic CEO Judy Faulkner on ‘yes, if’ strategy behind company’s culture, success & 11 other health IT notes
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
