The company-side benefits from using Blockchain system in the healthcare industry

Blockchains is an online based technology that has its origins in the cryptocurrency field. The blockchain system is based on data management using a network dedicated to data handling and encryption. The system particularities –free access and high-security level- have encouraged several online based operators to try and apply the blockchain system in the Healthcare industry. Healthureum, a pioneer program, aims to verify the benefits that would generate the combination of an exclusively online system on a very critical field in the real world, considering the healthcare operators, who would likely gain more than increasing their portfolio and their clientele.

Challenges of The Healthcare Industry Operators:

Generally, we treat operators in several industries as thieves or bad parties. Yet it is the case in most industrial fields, where operators generates huge profits, healthcare industry operators are themselves victims of moving to the online world. In fact they suffer side effects of the digital relationship with clients and the intervention of third parties. 

The major threats are: 

•    Characterizing target audiences: Healthcare operators need to conduct researches in order to know their target audiences better. Researches are mainly conducted through online surveys and third-party operators. The data can be far from trustworthy, and the healthcare operators are therefore misled; their efforts and their money would be wasted. 

•    Accessing previous records: Healthcare operators find difficult accessing previous records for patients due to confidentiality concerns and privacy policy. They usually have to start over and create their own records, or they have to proceed by official requests to previous operators.

•    Transparency and credibility: Due to the two previous factors, healthcare operators provide inappropriate services, at least from patients view, and the results are not satisfying; the estimated bill is usually viewed as over calculated.

•    Creating reputation: The whole process affects the reputation of the healthcare operator, and he is likely to be avoided by future clients, though he might be one of the best operators.

Blockchains impacts on Healthcare operators:

The application of blockchain system of data management is an innovative process that is supposed to help the industry facing the challenges. Building and maintaining blockchains networks, which would be carried by specific operators (may be called brokers) is a way to reduce the dramatic shift caused by the digitalization of the healthcare industry. Suffice to say, The healthcare industry has indeed benefitted some points of the proper integration of the cryptocurrency technological revolution. To summarize, it is adequate to say:

    Targeted intervention: The blockchain system offers to healthcare operators a wide range of data that can be used to draw diagrams and define specific audience to target. In other words, the shared data are easily transferred with high privacy protection; they are the most authentic and complete. Instead of recruiting survey agencies, the healthcare operators can benefit the mass data available and retrieve whatever can help them to provide the population with accurate services.

    Accurate intervention: The access to patients’ data is critical when trying to provide the particular client with the specific services. Accessing patient history reduces delays since the actual actor does not have to submit official requests. This complete history is the key to provide the client with the fitting services.

    Transparent management: Competitors are mainly targeting the balance services-fees. The credibility of the provided bill is though determined by the accuracy of the intervention. While patients can perform a vigorous monitoring, operators can provide appropriate bills, calculated up on what client can approve. It can be limiting factor, but it is somehow a satisfying parameter.

    Reputation recovery: Blockchain system offers every patient the ability of browsing affordable operators. The access of billing history of each hit record, and the associated feedbacks is evaluation key. Healthcare operators are therefore able to share their records, with no worries about data theft or corruption. This can save them money and efforts trying to rebuild their reputation.

Conclusion:

Blockchain system allows healthcare operators to gain trusts and credibility through supplying accurate services and appropriate bills. Data management helps them to draw their own strategies and therefore reduce the impact of competition. Moreover, they can avoid the fake agents trap by being easily verified and authenticated by clients; the reputation factor altered by the World Wide Web virtuality should be restored by the stealth blockchain system.  more info please visit https://www.healthureum.io/