In the following infographic, we have made a business case for blockchain in healthcare through a glimpse of these applications. https://health.techjini.com/blog/infographic-applications-of-blockchain-in-healthcare/

1. APPLICATIONS OF BLOCKCHAIN
IN HEALTHCARE
Challenges in healthcare data records
Blockchain shows promise
Inconsistency: 40%
Insecurity:
How Blockchain
can Transform Healthcare
of healthcare provider data records are filled up
with errors or misleading information.
$408
$53.9 $829.02
per healthcare record is the cost that healthcare
data breaches have made.
90%
of medical group managers and IT specialists
agree that blockchain may resolve and expedite
most concerns of connectivity, privacy, and
patient record sharing.
million
in 2018
million projection
for 2023
Blockchain technology in the healthcare market
Drug Supply Chain
Management
Helps address the supply chain issues by
providing a distributed ledger which is
shared among all the stakeholders across
different stages
Digital Identity
Simplifies data authentication process by
decentralizing and expediting identity
validation programs which took multiple
rounds earlier
Financial Transactions
Allows direct healthcare service payment
with the usage of cryptocurrency
eliminating third-parties in billing, and
hence, building a direct & trackable flow of
information
Application in HIE
Builds a universal sharing mechanism to
transmit healthcare data securely beyond
geographical and institutional boundaries,
giving patients the sole ownership of the
medical record
Claim and Billing
Management
Automates the different workflows
involved in claim and billing management
while providing a single copy of the
contracts and information to all the
involved parties
Data Security in
Clinical Trials
Ensures researchers and practitioners
security in their test results, enabling them
to manage different reports and versions
seamlessly
Interoperable EHRs
Makes data storage reliable and
information exchange secure & quick
when used with EHRs for improved
medical interoperability and better patient
experience
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without written authorization from the author.
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https://www.marketsandmarkets.com/Market-Reports/blockchain-technology-healthcare-market-109977720.html
https://www.ibm.com/security/data-breach
https://cdn.newswire.com/files/x/16/40/321b6089f1b01dfd80433bffb0df.pdf
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