Blockchain is a potent technology that makes it possible for many people to access and share data in a safe manner. This presents a significant challenge in the field of digital health, where protecting patient privacy and security is of utmost importance, but where enhancing the quality of care is impossible without better patient data management across the healthcare system and the capacity to use analytics on population-level patient data. In a nutshell, Blockchain Technology can support digital health by making it simpler to securely communicate data across incredibly dispersed healthcare systems with patient consent.
Use Cases of Blockchain Technology in Healthcare
- Supply Chain Management
Every company faces challenges
with seamless supply chains, but the healthcare sector faces additional
complications and hazards that could have a negative impact on patient safety
and health results. Pharmaceutical product manufacturing, distribution, and
dispensing are all improved and secured by blockchain technology. It provides a
way to keep track of drug ingredients, pharmaceutical shipment temperatures,
product tracking and verification, and the identification of harmful, unapproved,
and counterfeit medications.
- Safeguarded patient medical records
By giving patients a security key
that matches their provider's security key, blockchain technology can enable
patients to access their medical records. Blockchain Technology Frameworks supports population health
projects by assisting in the collection of enormous volumes of patient data,
facilitating patient data sharing, and enhancing interoperability. Keeping it
secure and unchanged, also guarantees the accuracy of the medical record.
- Patient Education Regarding Clinical Trials
According to research, 85% of
patients were not aware of the pertinent clinical trials while they were
evaluating treatments, which prevented them from taking advantage of the
therapies that the trials were offering. Additionally, the ability of
healthcare professionals to find individuals in need resulted in a significant
loss of time and money used for drug development. By anonymously storing
patient medical data and making it accessible to trial recruiters, distributed
ledgers in Blockchain Technology solutions assisted in enhancing the quality and quantity
of patients enrolled for clinical trials. This enabled trial recruiters to
identify qualified patients.
- Facilitates Claim Processing
Between the patient and the
healthcare stakeholders, there is currently no transparency or visibility.
Blockchain-based smart contracts increase data accuracy for suppliers,
regulators, and other stakeholders and give them more control over their own
data, which streamlines, secures, and streamlines the process of claims and
payments.
- Patient Identification and Matching
Solving patient matching is an
issue in the healthcare industry. Using blockchain technology, it is possible
to track a specific patient’s identity.
In light of this, blockchain
technology has the potential to significantly enhance the management,
compliance, shareability, interoperability, and accessibility of patient data.
When will your healthcare app
incorporate ledger technology? Our blockchain app developers have the expertise
necessary to fulfill your needs and expectations. Contact us!
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