Blockchain
is a potential game-changer for business but there is no clear and easy route
to adopt. Apart from this challenge, the intrinsic nature of blockchain
technology - such as interoperability, data security, and authenticity - can
help in overcoming some of the main problems in health care. Some of these
areas include:
EMR: Blockchain platform can support
the entire life cycle of a patient's electronic medical record (EMR). For
billing documentation, this provides strong security and perfect audit
capabilities, eliminating excessive administrative units.
Prevention
and detection of counterfeit drugs: Blockchain can be used to introduce
anti-destruction capabilities at the manufacturing stage to ensure genuinely
medicines.
Clinical trial results: Blockchain can provide
accountability and transparency in the clinical trial reporting process by
curating all trials related to published research.
Internet
of Things: Device and health data produced by patients from IoT-enabled medical
devices have very high expectations, especially if they are interconnected with
health records accessed by providers and patients.
Sharing information across health
services
Regulatory
requirements, issues of authenticity, and security issues are some of the main
obstacles to sharing information. Better collaboration can help accurate
diagnosis and effective care to provide cost-effective care. Blockchain can
remove unclear data ownership issues that increase data integrity and
peer-to-peer accountability. Patient consent can be captured accurately using
special approval provisions. Because they are recorded in an unchanging manner,
health professionals can place full trust in them.
Without
violating regulatory requirements, it will be possible to collect, store,
protect and share health data and allow its use in real-time. The Health
Portability and Accountability Act (HIPPA) limits the use of health data and
delays its use in real-time. With the blockchain, a large number of records can
be used rather than relying on selected voluntary releases. Health care
professionals will get access to more information generated from patient health
records that can result in an exponential increase in samples. This will empower
hospitals, patients and others in the health service value chain to provide
access to their networks without affecting data security and integrity.
Blockchain
can also open new avenues for pseudonym health recommendations. The individual
identity will remain safe when health data is added to the blockchain. Patient
recommendations can be made based on this real-time data.
Blockchain
also provides a safe and easily authenticated platform for the integration of
data from devices that can be charged such as fitness trackers and devices
using mobile applications. A single patient can produce authenticated and safe
health data from many devices. By monitoring and accessing their daily health
data, a customized health and exercise plan can be made for patients, which is
continuously adjusted when the results are interpreted.
Benefits
of Blockchain Technology in the Health Services Industry
The
use of blockchain technology will help the health industry in several ways,
some of which are listed here:
1. Public Health: Using blockchain technology, the regulatory body can create a shared flow of patient information that is not identified. This flow will help authorities identify pandemics or threats so that they can take the necessary actions to control the problem in a timely manner.
2. Data Security: Blockchain technology is a smarter solution to protect patient information. Blockchain prevents unauthorized people from accessing information.
3. Managed Permits: Patients can specifically authorize individuals to access their medical information.
4. Simple Claim Processing: Blockchain technology can simplify complex medical billing processes by eliminating a series of validations and some third parties acting on behalf of other entities.
5. Patient-Generated Data: Patients will be able to easily upload and store their medical information that is updated safely without messing up previous records.
Conclusion: Blockchain has the potential for
extraordinary use in various industries, including health care. Blockchain
Health (blockchain-based system for medical research management). The
Blockchain is an effective technology that can help prevent data breaches in
the health care industry.
The
basic advantages of Blockchain technology are decentralization, immutability,
security, and transparency. The blockchain technology allows verification
without having to rely on third parties.
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