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https://www.ifourtechnolab.com/healthcare-custom-software-development
USE CASES IN: HEALTHCARE
https://www.ifourtechnolab.com/healthcare-custom-software-development
Blockchain in Healthcare
Global Blockchain in the healthcare market is expected to grow at a CAGR of 63.85% from 2018 to 2025
IBM and Ponemon found that healthcare data breach costs average $380 per record, more than 2.5 times the global
average across industries
Blockchain can help reduce the number of attacks on users’ data
USE CASES IN: HEALTHCARE
BIS Research, up to $100 billion can be saved per year by 2025 in data breach-related costs
Verifiable identity and authentication of all participants
https://www.ifourtechnolab.com/healthcare-custom-software-development
Blockchain in Healthcare
Global Blockchain in the healthcare market is expected to grow at a CAGR of 63.85% from 2018 to 2025
IBM and Ponemon found that healthcare data breach costs average $380 per record, more than 2.5 times the global
average across industries
Blockchain can help reduce the number of attacks on users’ data
USE CASES IN: HEALTHCARE
BIS Research, up to $100 billion can be saved per year by 2025 in data breach-related costs
Verifiable identity and authentication of all participants
Identity thefts, spamming and financial data crimes, and the patient's data misuse
Consistent representation to access electronic health information
Billing and Claims Management of medical claims related to patient diagnoses, treatments
Global annual health spending is expected to have ballooned to over $8.734 trillion by 2020
https://www.ifourtechnolab.com/healthcare-custom-software-development
Leveraging the technology to create a secure and unified peer-to-peer (distributed) database
USE CASES IN: HEALTHCARE
Benefits:
The distributed system allows for data exchange with higher levels of security
Cutting down on the administrative costs that the current system imposes
Less vulnerable to technical failures and external attacks
Blockchain Security networks can be particularly useful for hospitals
Initiatives:
Medical Chain – Users grant doctors immediate access to their health record via their mobile devices while data is kept secure on the
blockchain
Use Case 1: Clinical Health Data Exchange and Interoperability
https://www.ifourtechnolab.com/healthcare-custom-software-development
Leveraging the technology to create a secure and unified peer-to-peer (distributed) database
USE CASES IN: HEALTHCARE
Benefits:
The distributed system allows for data exchange with higher levels of security
Cutting down on the administrative costs that the current system imposes
Less vulnerable to technical failures and external attacks
Blockchain Security networks can be particularly useful for hospitals
Initiatives:
Medical Chain – Users grant doctors immediate access to their health record via their mobile devices while data is kept secure on the
blockchain
Use Case 1: Clinical Health Data Exchange and Interoperability
Lowers Administrative costs and eliminates the traditional claims clearing house and reconciliation layers
Benefits:
Compresses cash flow cycles, and reduces revenue loss
Makes claims processing and secure payment transactions work more efficiently and cost-effectively
Ability to push suspect claims through the reimbursement process is diminished
Identify suspect claims or payment requests
Initiatives:
Change Healthcare - Manage claims, remittances, improve collections, minimize denials and underpayments, manage daily revenue cycles operations
effectively
Use Case 2: Claims Adjudication and Billing Management
https://www.ifourtechnolab.com/healthcare-custom-software-development
USE CASES IN: HEALTHCARE
Lowers Administrative costs and eliminates the traditional claims clearing house and reconciliation layers
Benefits:
Compresses cash flow cycles, and reduces revenue loss
Makes claims processing and secure payment transactions work more efficiently and cost-effectively
Ability to push suspect claims through the reimbursement process is diminished
Identify suspect claims or payment requests
Initiatives:
Change Healthcare - Manage claims, remittances, improve collections, minimize denials and underpayments, manage daily revenue cycles a
Use Case 2: Claims Adjudication and Billing ManagementUse Case 3: Drug Supply Chain Management and Provenance
Enhancing SCM with digital tools, predictive analytics, and more accurate tracking techniques
Benefits:
Just-in-time” delivery of products by integrating with hospital information system
Private Blockchain’s and inter-enterprise networks for improved security and visibility
All transactions between supply chain partners are accurately recorded and easily shared
Reduce waste and fraud of order consumable supplies, including high-value medications and addictive opioids
Create a reliable and tamper-proof audit trail for products as they move through the healthcare environment
Initiatives:
Ambrosus - currently in talks with large pharmaceutical suppliers in relation to launching a pilot program utilizing their current products
https://www.ifourtechnolab.com/healthcare-custom-software-development
USE CASES IN: HEALTHCARE
Use Case 3: Drug Supply Chain Management and Provenance
Enhancing SCM with digital tools, predictive analytics, and more accurate tracking techniques
Benefits:
Just-in-time” delivery of products by integrating with hospital information system
Private Blockchain’s and inter-enterprise networks for improved security and visibility
All transactions between supply chain partners are accurately recorded and easily shared
Reduce waste and fraud of order consumable supplies, including high-value medications and ad
Create a reliable and tamper-proof audit trail for products as they move through the healthcare environment
Initiatives:
Ambrosus - currently in talks with large pharmaceutical suppliers in relation to launching a pilot program utilizing their current products
Use Case 4: Cyber Security and Healthcare IoT
Increases the security of medical information through the Decentralized Ledger Technology (DLT)
Benefits:
Unique identifiers for medical devices and assets
Secured and selective access to patient-generated health data
Smart medical asset management
Remote and autonomous diagnosis
Initiatives:
Taipei Medical University Hospital & DTCO - Released phrOS to increase transparency between medical institutions by putting all of a
patient’s medical information on a blockchain
https://www.ifourtechnolab.com/healthcare-custom-software-development
USE CASES IN: HEALTHCARE
Use Case 4: Cyber Security and Healthcare IoT
Increases the security of medical information through the Decentralized Ledger Technology (DLT)
Benefits:
Unique identifiers for medical devices and assets
Secured and selective access to patient-generated health data
Smart medical asset management
Remote and autonomous diagnosis
Initiatives:
Taipei Medical University Hospital & DTCO - Released phrOS to increase transparency between medical institutions by putting all of a
patient’s medical information on a blockchain
Use Case 5: Clinical Trials & Population Health Research
Medical data on Blockchain could be used by trial recruiters to identify patients who could benefit from the drugs being tested
Benefits:
Promote research commons and remunerative models
Managing IP/R&D assets transactions
Clinical trial data integrity & provenance
Faster Regulatory compliance & approvals
Initiatives:
Ambrosus - Abundance of blockchain systems currently available, however the company is trying to adapt them to the Pharma Industry
https://www.ifourtechnolab.com/healthcare-custom-software-development
What we offer?
Custom Blockchain mobile and software
Blockchain Consulting
Cryptocurrency (ICO)
USE CASES IN: HEALTHCARE
https://www.ifourtechnolab.com/healthcare-custom-software-development
What we offer?
Custom Blockchain mobile and
Blockchain Consulting
Cryptocurrency (ICO)
DApp Development
Hyperledger Service
Smart Contract Development
USE CASES IN: HEALTHCARE
https://www.ifourtechnolab.com/healthcare-custom-software-development
Contact Us
info@ifourtechnolab.com
Follow Us :
USE CASES IN: HEALTHCARE
https://www.ifourtechnolab.com/healthcare-custom-software-development

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Blockchain Use Cases in Healthcare Industry - iFour Technolab Pvt. Ltd.

  • 2. USE CASES IN: HEALTHCARE https://www.ifourtechnolab.com/healthcare-custom-software-development
  • 3. Blockchain in Healthcare Global Blockchain in the healthcare market is expected to grow at a CAGR of 63.85% from 2018 to 2025 IBM and Ponemon found that healthcare data breach costs average $380 per record, more than 2.5 times the global average across industries Blockchain can help reduce the number of attacks on users’ data USE CASES IN: HEALTHCARE BIS Research, up to $100 billion can be saved per year by 2025 in data breach-related costs Verifiable identity and authentication of all participants https://www.ifourtechnolab.com/healthcare-custom-software-development
  • 4. Blockchain in Healthcare Global Blockchain in the healthcare market is expected to grow at a CAGR of 63.85% from 2018 to 2025 IBM and Ponemon found that healthcare data breach costs average $380 per record, more than 2.5 times the global average across industries Blockchain can help reduce the number of attacks on users’ data USE CASES IN: HEALTHCARE BIS Research, up to $100 billion can be saved per year by 2025 in data breach-related costs Verifiable identity and authentication of all participants Identity thefts, spamming and financial data crimes, and the patient's data misuse Consistent representation to access electronic health information Billing and Claims Management of medical claims related to patient diagnoses, treatments Global annual health spending is expected to have ballooned to over $8.734 trillion by 2020 https://www.ifourtechnolab.com/healthcare-custom-software-development
  • 5. Leveraging the technology to create a secure and unified peer-to-peer (distributed) database USE CASES IN: HEALTHCARE Benefits: The distributed system allows for data exchange with higher levels of security Cutting down on the administrative costs that the current system imposes Less vulnerable to technical failures and external attacks Blockchain Security networks can be particularly useful for hospitals Initiatives: Medical Chain – Users grant doctors immediate access to their health record via their mobile devices while data is kept secure on the blockchain Use Case 1: Clinical Health Data Exchange and Interoperability https://www.ifourtechnolab.com/healthcare-custom-software-development
  • 6. Leveraging the technology to create a secure and unified peer-to-peer (distributed) database USE CASES IN: HEALTHCARE Benefits: The distributed system allows for data exchange with higher levels of security Cutting down on the administrative costs that the current system imposes Less vulnerable to technical failures and external attacks Blockchain Security networks can be particularly useful for hospitals Initiatives: Medical Chain – Users grant doctors immediate access to their health record via their mobile devices while data is kept secure on the blockchain Use Case 1: Clinical Health Data Exchange and Interoperability Lowers Administrative costs and eliminates the traditional claims clearing house and reconciliation layers Benefits: Compresses cash flow cycles, and reduces revenue loss Makes claims processing and secure payment transactions work more efficiently and cost-effectively Ability to push suspect claims through the reimbursement process is diminished Identify suspect claims or payment requests Initiatives: Change Healthcare - Manage claims, remittances, improve collections, minimize denials and underpayments, manage daily revenue cycles operations effectively Use Case 2: Claims Adjudication and Billing Management https://www.ifourtechnolab.com/healthcare-custom-software-development
  • 7. USE CASES IN: HEALTHCARE Lowers Administrative costs and eliminates the traditional claims clearing house and reconciliation layers Benefits: Compresses cash flow cycles, and reduces revenue loss Makes claims processing and secure payment transactions work more efficiently and cost-effectively Ability to push suspect claims through the reimbursement process is diminished Identify suspect claims or payment requests Initiatives: Change Healthcare - Manage claims, remittances, improve collections, minimize denials and underpayments, manage daily revenue cycles a Use Case 2: Claims Adjudication and Billing ManagementUse Case 3: Drug Supply Chain Management and Provenance Enhancing SCM with digital tools, predictive analytics, and more accurate tracking techniques Benefits: Just-in-time” delivery of products by integrating with hospital information system Private Blockchain’s and inter-enterprise networks for improved security and visibility All transactions between supply chain partners are accurately recorded and easily shared Reduce waste and fraud of order consumable supplies, including high-value medications and addictive opioids Create a reliable and tamper-proof audit trail for products as they move through the healthcare environment Initiatives: Ambrosus - currently in talks with large pharmaceutical suppliers in relation to launching a pilot program utilizing their current products https://www.ifourtechnolab.com/healthcare-custom-software-development
  • 8. USE CASES IN: HEALTHCARE Use Case 3: Drug Supply Chain Management and Provenance Enhancing SCM with digital tools, predictive analytics, and more accurate tracking techniques Benefits: Just-in-time” delivery of products by integrating with hospital information system Private Blockchain’s and inter-enterprise networks for improved security and visibility All transactions between supply chain partners are accurately recorded and easily shared Reduce waste and fraud of order consumable supplies, including high-value medications and ad Create a reliable and tamper-proof audit trail for products as they move through the healthcare environment Initiatives: Ambrosus - currently in talks with large pharmaceutical suppliers in relation to launching a pilot program utilizing their current products Use Case 4: Cyber Security and Healthcare IoT Increases the security of medical information through the Decentralized Ledger Technology (DLT) Benefits: Unique identifiers for medical devices and assets Secured and selective access to patient-generated health data Smart medical asset management Remote and autonomous diagnosis Initiatives: Taipei Medical University Hospital & DTCO - Released phrOS to increase transparency between medical institutions by putting all of a patient’s medical information on a blockchain https://www.ifourtechnolab.com/healthcare-custom-software-development
  • 9. USE CASES IN: HEALTHCARE Use Case 4: Cyber Security and Healthcare IoT Increases the security of medical information through the Decentralized Ledger Technology (DLT) Benefits: Unique identifiers for medical devices and assets Secured and selective access to patient-generated health data Smart medical asset management Remote and autonomous diagnosis Initiatives: Taipei Medical University Hospital & DTCO - Released phrOS to increase transparency between medical institutions by putting all of a patient’s medical information on a blockchain Use Case 5: Clinical Trials & Population Health Research Medical data on Blockchain could be used by trial recruiters to identify patients who could benefit from the drugs being tested Benefits: Promote research commons and remunerative models Managing IP/R&D assets transactions Clinical trial data integrity & provenance Faster Regulatory compliance & approvals Initiatives: Ambrosus - Abundance of blockchain systems currently available, however the company is trying to adapt them to the Pharma Industry https://www.ifourtechnolab.com/healthcare-custom-software-development
  • 10. What we offer? Custom Blockchain mobile and software Blockchain Consulting Cryptocurrency (ICO) USE CASES IN: HEALTHCARE https://www.ifourtechnolab.com/healthcare-custom-software-development
  • 11. What we offer? Custom Blockchain mobile and Blockchain Consulting Cryptocurrency (ICO) DApp Development Hyperledger Service Smart Contract Development USE CASES IN: HEALTHCARE https://www.ifourtechnolab.com/healthcare-custom-software-development
  • 12. Contact Us info@ifourtechnolab.com Follow Us : USE CASES IN: HEALTHCARE https://www.ifourtechnolab.com/healthcare-custom-software-development