The goal of the pilot program is to explore how blockchain technology can help consolidate provider demographic data, which costs healthcare systems roughly $2.1 billion annually to maintain, according to industry estimates.
The organizations involved in the pilot program are UnitedHealth Group and its subsidiary, Optum; Humana; Secaucus, N.J.-based Quest Diagnostics; and MultiPlan.
The pilot program will run during the course of the summer. The companies expect to report their findings in the fall, according to Forbes.
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