Through Blockchain, it is also possible to ensure that insurance claims are accurate, while preventing fraudulent claims, which is particularly important in Medicaid and Medicare where payments between payers, federal governments, providers, and banks happen. The technology allows for the creation of a smart contract that shows proof of adjudication.

The industry is moving from the hysteria of Blockchain towards the reality of the transformation and opportunities it can create. It is recommendable for the healthcare stakeholders to fully adopt Blockchain, as it might not benefit the few organizations that invest in it in isolation. Changes and transformations may take longer to take root, but they are worth the effort in the long run.



Crypto Intelligence News

Prestige Marigold


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