Blockchain Technology Is Already Improving Lives At 22 Hospitals [Forbes]
International Business Machines Corporation (IBM)
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Source: Forbes
Blockchain Technology Is Already Improving Lives At 22 Hospitals Getty The promise of blockchain technology couldn’t be greater than in the healthcare sector. A prime example is the groundbreaking deployment of blockchain technology by Intermountain , a Utah-based, not-for-profit system of 22 hospitals. This medical group has more than 1,600 physicians and advanced practice clinicians at 180 clinics. Intermountain is using blockchain-based technology coupled with artificial intelligence to identify waste in its massive healthcare system, creating better outcomes for patients, and significant savings all around. According to Frank Ricotta, CEO of BurstIQ, the future of healthcare will be driven by data, and blockchain technology is the enabling foundational technology. He explains, “Blockchain is a trust overlay over the Internet that allows parties to transfer representations of value, like health data, safely and securely.” BurstIQ’s HIPAA compliant blockchain-based platform provides
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