Vital Signs Healthcare Blog
Blockchain is showing promise as a way to improve data-sharing between payers and providers. Payers, providers, and patients all encounter issues with verification of benefits and checks on medical eligibility. Solving those problems will benefit everyone.
The payment process is broken. Information isn't shared. There's no transparency. And it's hard for payers and providers to access what they need. But health care CIOs and IT leaders have the know-how to lead a transformation to a more integrated and useful system.
Health care is at a stalemate. Providers can't charge higher rates. Payers can't increase premiums. Employers can't shift more risk to employees. Nobody can afford a higher cost.