HealthData Answers features InstaMed’s announcement of a blockchain prototype that delivers a way to significantly reduce manual processes and paper communications, while giving all stakeholders visibility into the full lifecycle of a patient encounter.
Read the full article, Health IT Business News – Product Edition, in HealthData Answers. Below is an excerpt from the article.
InstaMed (@InstaMed), healthcare’s most trusted payments network, announced that it released a blockchain prototype at the InstaMed Healthcare Payments Summit. InstaMed’s Innovation team debuted a working app to demonstrate how blockchain technology could be leveraged for the interaction points among providers, payers and consumers including claim submission, claim adjudication, claim payment, patient billing and patient payment. InstaMed built the blockchain prototype on HL7 FHIR v4.