Blockchain In Healthcare: An Executive Update
This article appeared Feb. 15, 2017 in Health IT Outcomes
In an article published on Feb. 15, 2017 in Health IT Outcomes, John Bass and Corey Todaro of Hashed Health along with Nelson Mullins partners Jason I. Epstein and Roy Wyman provide insight into how the healthcare industry will be collaborating with blockchain for 2017. Blockchain has been associated foremost with currency and the financial services industry (e.g., Bitcoin and other cryptocurrencies). Mr. Epstein and Mr. Wyman explore the benefits of blockchain: For example, it offers substantial cost savings, compliance with regulatory requirements, and it ultimately assists in better patient care. In terms of healthcare, blockchain can be used to benefit audit and compliance, financial and transactional management, The Internet-of-Things (IoT) and data liquidity. The opportunity is immense for healthcare enterprises that embrace the innovative promise and dedicate resources to experimentation and iterative fast failures, the two attorneys say. Click here to read the full article.