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Improving Provider Data Accuracy: A Collaborative Approach Using a Permissioned Blockchain

Improving Provider Data Accuracy: A Collaborative Approach Using a Permissioned Blockchain

Optum
Published by: Research Desk Released: Feb 14, 2019

Provider data is a key building block of the U.S. healthcare system. It’s essential for connecting patients with providers and supporting consumers in making decisions related to their care. Across the U.S. healthcare ecosystem, more than $2.1B is spent annually by hospitals, doctors and health insurers to maintain provider data, according to conservative estimates.2 Despite this staggering investment, the system is still inefficient and reliant on manual processes.