Blockchain

Blockchain in Healthcare Panel Discussion

Blockchain in Healthcare Panel Discussion.

Andy Coravos, CEO and cofounder of Elektra Labs
Emily Vaughn, Product Development Director at Change Healthcare
Jennifer Hinkel, Partner at McGivney Global Advisors
Arman Partner, Perkins Coie

Blockchain technology is one of the most important and disruptive technologies in the world. One of the industries that are looking to adopt the blockchain is the healthcare industry.

Apparently, there is still no universally recognized patient identifier. This despite the fact that organizations like CHIME and HIMSS have been pushing for its development for almost two decades.

This is truly shocking when you consider the fact that a unique patient identifier will be able to easily solve the problem of mismatched patient EHRs (Electronic health record) which has in the past led to several errors in patient care and increased the likelihood of patient harm.

This problem has been well expressed by the Director of Center for Biomedical Informatics (CBMI), Shaun Grannis.

“Matching the correct individual to his or her health data is critical to their medical care,” he says. “Statistics show that up to one in five patient records are not accurately matched even within the same health care system. As many as half of the patient records are mismatched when data is transferred between healthcare systems.”

Since the blockchain is Immutable and traceable, patients can easily send records to anyone without the fear of data corruption or tampering.
Similarly, a medical record that has been generated and added to the blockchain will be completely secure. The patient can have some control over how their medical data gets used and shared by the institutes. Any party which is looking to get the medical data about a patient could check with the blockchain to get the necessary permission.

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