How payers can benefit from blockchain

Mackenzie Garrity - Print  | 

Blockchain networks are being used within the healthcare insurance arena to improve the tracking of multiple transactions from different sources, according to The Signal.

By adopting blockchain, payers can eliminate the need for middlemen when it comes to transferring information between hospitals, patients and the health insurer.

More health insurers are projected to adopt blockchain solutions to reduce compliance and regulatory costs while also improving stakeholder management and patient care efficiencies, reports The Signal.

To read more, click here.

More articles on payer issues:
Humana beefs up employee bonuses after $940M profit in Q2 
Vermont issues cease and desist orders against 5 unlicensed health insurance sellers
BCBS of Michigan hit with $40M lawsuit over provider payments

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