Challenges faced by the healthcare industry
The healthcare industry is a major target for cybercrimes, including leaks and hacks. According to the Identity Theft Resource Center, in 2017, 4.93 million patient records were breached.
The current payment collection system is unwieldy and costly, and often insecure. Patients find it difficult to use, and practices struggle to collect payment.
Each institution holds separate patient records, creating bottlenecks to data access as well as duplications, errors, and cybercrime attack surface.
Financial processing and auditing
A changing tax and regulatory environment will give healthcare companies new responsibilities that current systems cannot meet.
The Reuters resource states that in developing countries, 10% of prescription drugs are counterfeit, leading to tens of thousands of deaths annually.
Clinical trial tracking and verification
Clinical trial data is difficult to collect and maintain. Moreover, it can be insecurely stored, and therefore it is often hard to verify.
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Blockchain solutions for healthcare from Aetsoft
Drug supply chain monitoring
Streamline quantity and quality verification processes across the pharmaceutical supply chain, based on real-time updates to an encrypted, decentralized ledger.
Patient record access and control
Put patients in control of which data they share and with whom, eliminate bottlenecks and blocking, and accelerate clinical access to crucial patient data.
Claims and payments management
Smart contracts allow automated claims management and payment handling, including escrow payments and accelerated prior authorization.
Manage a secure medical IoT, including multiple medical devices. Prevent loss, hacking, and data tampering and ensure reliable functioning across different device lifecycles.
Research data verification and exchange
Provided that stakeholders gave their explicit permission, verified clinical research data can be rapidly and securely exchanged to provide more accurate trial outcomes.
auditing and transparency
Immutable and secure, blockchains create an audit trail by default, enabling healthcare organizations to reliably demonstrate compliance with financial and other regulations.
Transforming healthcare with blockchain
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