Home

About Us

IT Services

Electronic Security

Knowledge Center

News & Events

Blog

Support

Contact Us

Blog
  • Register

Prosper Solutions Blog

Blockchain Technology Primed to Transform Healthcare

Blockchain Technology Primed to Transform Healthcare

The healthcare industry is heavily reliant on its IT. Before 2009, there were scant traces of information technology making its way into healthcare organizations in the United States, but in 2009 there was a major shift after the 111th U.S. Congress passed the Health Information Technology for Economic and Clinical Health Act (HITECH Act) as a part of the American Recovery and Reinvestment Act of 2009. Today, IT in the health industries is prevalent, and mostly expected.

Through the advent and extensive use of electronic medical record technology, the healthcare industry has shifted from a holdout industry to one that embraces IT. Of course, with healthcare also being a very private industry, a system that stores patient and insurance data centrally and then disperses it as needed has been a major reason the healthcare industry has dealt with large-scale, high profile data leaks that expose medical and financial data for millions of patients.

With this headache affecting so many patients, healthcare IT professionals are looking for a better way to secure the sensitive data, and doing so in a construct that allows the data to be distributed quickly. If you couple this problem with the systemic issues that the healthcare sector is constantly battling (standards of care, rising costs, etc.), finding a solution that will help keep everything moving forward, keep data secure and available, and provide room for innovation has to be a priority for industry technology professionals.

Will That Innovation Come From Blockchain?
Blockchain, the emerging technology that’s best known as the technology that makes cryptocurrency possible, is now being looked at as the answer to many of the industry’s issues. Developers from all over the world are working with the distributed ledger technology to create solutions for all types of practical human problems. One of those problems is data dissemination in the healthcare industry. These developers know that doctors, insurers, and patients need access to this information, but since blockchain isn’t always an answer for some aspects of data sharing - but is great for ensuring data integrity - applications for the following solutions are being prioritized:

  • Medical records - When a medical record is completed, it can then be placed (as a node) into a blockchain, providing unwavering integrity. The distributed nature of blockchain will allow the patient to preside over their medical and insurance information rather than have it hosted by their care provider.
  • Consent - The development of blockchain-based applications for consent management could work to create a universal standard for such practices. Basically, if a doctor or insurer needs access to a patient’s records, they would check the blockchain to see if they have the go-ahead to access that information. Otherwise they would have to deal directly with patients or their proxies.
  • Medical rewards - In what would be a first for the health insurance industry, patients that follow care plans could be given incentives through a medical reward program. This would work to effectively promote industry cost reduction through patient health.

The blockchain is one of those technologies that is in its infancy, but billions of dollars of venture capital are being spent each year trying to ascertain how to make practical solutions to use this secure technology. To learn more about blockchain or to talk to our IT professionals about how the healthcare industry handles personal information, contact Prosper Solutions today at (617) 369-9977.

Tip of the Week: Improvement Needed to Avoid Cyber...
The Internet Brings More to Every Business
 

Comments

No comments made yet. Be the first to submit a comment
Already Registered? Login Here
Guest
Monday, December 10, 2018

Captcha Image

Mobile? Grab this Article!

QR-Code dieser Seite

Tag Cloud

Telephony Permissions Saving Money Lithium-ion battery Securty Information Technology Phishing Mouse Remote Computing cloud computing Monitoring Holiday Workplace Tips LiFi IT Plan Downtime Augmented Reality Thank You Startup Freedom of Information Office Data Management Google Device security Vendor Disaster Samsung Best Practice Directions Gmail Bookmark Data storage Meetings Connected Devices Mobile Device Drones Remote Monitoring Telephone Management Password Computer Accessories Dark Web Tablet Comparison Patching Laptop Windows XP Analytic Risk Management Entrepreneur Facebook Tip of the Week Budget Storage 3D Printing Privacy Uninterrupted Power Supply Managed Service Provider Pain Points News Regulation DDoS Data Recovery Vendor Mangement Software as a Service Business Cards Downloads IT Support Administration Search Marketing Information Messenger Multi-Factor Security Advertising Chromebook HIPAA Monitors Business Metrics Botnet Phone System IP Address Analytics Bata Backup Workers Competition Legislation Physical Security Deep Learning Enterprise Resource Planning USB Disaster Recovery Distributed Denial of Service the Internet of Things Congratulations Digital Signature Fiber-Optic Evernote Unified Threat Management Electricity Presentation cloud storage Cost Management Internet of Things Flash Backup and Disaster Recovery Innovation Mobile Technology Technology Tips Business Management Inbound Marketing Managed IT Services Cybersecurity Username eWaste Managed IT services Service Level Agreement Memory Employer Employee Relationship Human Resources Experience Books Upgrade Data Warehousing Users Trending Programming Computer Malfunction Windows Email Government File Sharing Asset Tracking Best Practices BYOD Virus UTM Money Access Vulnerabilities Security Malware Start Menu Webcam Google Docs Backup Managed Service Compliance Wireless A.I. Ransomware Google Wallet Apple Business Intelligence Tablets Paperless Office Business Technology Work/Life Balance Content switches Mobile Security Big data Law Enforcement MSP Network Congestion Help Desk Displays Virtual Assistant Licensing Virtual Reality Tip of the week Relocation Data Loss Reading Software License Cybercrime Sports Fileless Malware Wireless Technology VPN Small Business IBM Spam Motion Sickness Hacker iPhone Electronic Medical Records Migration Data Backup Conferencing Upload User Tips Emergency Server Public Speaking Productuvuty Hard Drives Error Proactive IT Update Blockchain Gadgets SharePoint Cabling Solid State Drive Operating System Mobile Payment Proxy Server Maintenance Hosted Solution Environment Scalability Politics Supercomputer Upgrades Processor Avoiding Downtime IT Management SaaS Business Computing Websites Productivity Microsoft Excel Hosted Solutions Worker Social Engineering BDR Cortana Microsoft Electronic Payment Healthcare Collaboration Employer-Employee Relationship HTML Hacks Trends Cost IT Support Corporate Profile Automation Reliable Computing Network Security Fake News Windows10 Smartphones Hacking Multi-factor Authentication Time Management Database Mobility Unified Threat Management Running Cable Outlook Cryptocurrency Unified Communications Retail Wireless Headphones Term Current Events Skype Automobile Google Calendar Accountants Wi-Fi Health IT Vendor Management Two-factor Authentication email scam Desktop Cleaning Web Server outsource cloud storage Save Time Vulnerability Best Available Taxes Access Control outsource cloud computing Tech Term Download Writing Television Document Management Bitcoin Equifax G Suite Data Security Assessment Bring Your Own Device Network Management PowerPoint App Screen Reader Fleet Tracking Business Social IT Consultant uptime Gaming Console Telephone System Identity Theft Capital Social Network Software Alert Education Public Cloud Devices IT Services Mobile Computing Consultation Entertainment Nanotechnology WannaCry Touchscreen Digital Payment Finance Apps Redundancy Firewall Artificial Intelligence Safety WiFi Regulations Value Legal Productivity Microchip Shortcut Business Owner Printing Internet Computing Intranet Data Breach How To Black Market Going Green hardware Google Maps Business Continuity Co-Managed IT IT service Outsourced IT CCTV Health Recovery Managed IT Service Android Read cyber security Settings Efficiency Computer Care Save Money Router VoIP In Internet of Things Networking Business Growth Staffing Data End of Support communications Windows 8 Computer Project Management Digital Bandwidth Technology CIO Sync Music Statistics Application Cache Telephone Systems Browsers Domains Social Media IT consulting Notifications Google Drive Computers YouTube Specifications Website Customer Resource management Addiction Content Filtering User Tip Micrsooft Hard Drive Tech Terms Language Managed IT Tactics User Gamification Customer Service Data Analysis Visible Light Communication Encryption CrashOverride Computing Infrastructure Twitter Emails Net Neutrality Piracy Flexibility Virtual Desktop Heating/Cooling Windows Server 2008 Miscellaneous Keyboard Teamwork Managing Stress Rental Service Text Messaging Saving Time Office Tips History Private Cloud Network User Error Office 365 Distribution Bluetooth Citrix Xenapp Spyware Communication cloud Patch Management Troubleshooting Navigation Smartphone Product Reviews Customer Relationship Management Hack Browser clout services Hiring/Firing Social Networking Microsoft Office Windows 7 Society Audit Training Mobile Devices Chrome Printer Business Mangement Hard Drive Disposal VoIP Data Protection Windows 10 Quick Tips Tech Travel Streaming Media Smart Tech Robot Scam Applications Virtualization Mobile Device Management Administrator Company Culture Printers PDF Tracking IT Excel Knowledge Documents Word Computer Repair Hackers Banking Windows 10 Antivirus Fraud Tech Support Machine Learning Passwords Processors

Latest News & Events

Prosper Solutions is proud to announce the launch of our new website at http://www.prospersolutions.com. The goal of the new website is to make it easier for our existing clients to submit and manage support requests, and provide more information about our ser...

Contact Us

Learn more about what Prosper Solutions can do for your business.

Call Us Today
Call us today
(617) 369-9977

150 Eastern Ave, Second Floor
Chelsea, Massachusetts 02150