SlideShare a Scribd company logo
Why unlock
the power of
Blockchain?
Best feature of a blockchain is
‘DECENTRALIZATION’
Keeping a large amount of
data in small units.
2
The simplicity of
blockchain enables
new ecosystems to
evolve, ensuring trust
by increasing the
quality of care, data
provenance and
efficiency to improve
profitability.
Blockchain has brought
about a change in the way
information is stored within
the organization, with
healthcare partners,
payers and most
importantly with patients.
4
The blockchain
decentralizes the
healthcare information,
increasing
Data availability,
Efficiency,
Transparency, and
Trust.
5
The blockchain system makes
the transactions transparent by
containing all of the patient’s
medication history in one registry
accessible by all the pharmacies.
6
This system allows for
the information to be
easily updated and
making it immune to the
human error or
tampering; thus solving
the issues of dangerous
drug consumption.
7
The blockchain
solutions have the
potential to support
the complete life
cycle of a patient’s
electronic medical
record while also
keeping health data
private and secured. 8
Blockchain would
drastically reduce
tampering
capabilities in the
drug manufacturing
phase and ensure
pharmaceuticals are
genuine.
9
Blockchain
Medical
Records
Consent
Management
Micro
Payments
Blockchain for
healthcare industry
provides:
10
Security Accountability
Authority Efficiency
Security
Patient information is shared across
a network where authorized
personnel has access. If anyone
changes the information it is
instantaneously updated to all
users.
11
Accountability
Currently the practices are disparate and disconnected.
Healthcare data is very valuable and many institutions are
reluctant to share it with other providers/specialists. This
lack of collaboration between institutions make it
extremely difficult to process all the generated data and
halt some process which can harm patients’ health. For
example, the pharmacies will be able to view the
approved prescriptions and also view the patients’ past
medical history from the providers’ side, creating a layer
of accountability and transparency.
12
Authority
The blockchain solves the issue of
harmful drug interaction by allowing
medical personnel to monitor and cross-
check the patient’s drug history. Also by
using automated billing service, it
reduces admin costs and eliminates
other intermediaries, thus making billing
process more efficient. 13
Efficiency
Due to the blockchain, there is an overall
improvement in services that are
provided, gaining more trust. For
example, the prescription system ensures
that patients will receive one on one
treatment based on their previous
history.
14
Three
prominent
opportunities
in Healthcare
are:
15
1 2 3
The obvious benefits
of the blockchain are:
Easy data
exchange and
interoperability
16
Transparent billing
management
Efficient
Monitoring and
Security
Collaboration
Organized
Processes
Cost efficient
AgilityUniformity Quality
17
Thanks!
Any questions?
You can find us at
www.iPatientCare.com
Sales@iPatientCare.com

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Why unlock the power of Blockchain?

  • 1. Why unlock the power of Blockchain?
  • 2. Best feature of a blockchain is ‘DECENTRALIZATION’ Keeping a large amount of data in small units. 2
  • 3. The simplicity of blockchain enables new ecosystems to evolve, ensuring trust by increasing the quality of care, data provenance and efficiency to improve profitability.
  • 4. Blockchain has brought about a change in the way information is stored within the organization, with healthcare partners, payers and most importantly with patients. 4
  • 5. The blockchain decentralizes the healthcare information, increasing Data availability, Efficiency, Transparency, and Trust. 5
  • 6. The blockchain system makes the transactions transparent by containing all of the patient’s medication history in one registry accessible by all the pharmacies. 6
  • 7. This system allows for the information to be easily updated and making it immune to the human error or tampering; thus solving the issues of dangerous drug consumption. 7
  • 8. The blockchain solutions have the potential to support the complete life cycle of a patient’s electronic medical record while also keeping health data private and secured. 8
  • 9. Blockchain would drastically reduce tampering capabilities in the drug manufacturing phase and ensure pharmaceuticals are genuine. 9 Blockchain Medical Records Consent Management Micro Payments
  • 10. Blockchain for healthcare industry provides: 10 Security Accountability Authority Efficiency
  • 11. Security Patient information is shared across a network where authorized personnel has access. If anyone changes the information it is instantaneously updated to all users. 11
  • 12. Accountability Currently the practices are disparate and disconnected. Healthcare data is very valuable and many institutions are reluctant to share it with other providers/specialists. This lack of collaboration between institutions make it extremely difficult to process all the generated data and halt some process which can harm patients’ health. For example, the pharmacies will be able to view the approved prescriptions and also view the patients’ past medical history from the providers’ side, creating a layer of accountability and transparency. 12
  • 13. Authority The blockchain solves the issue of harmful drug interaction by allowing medical personnel to monitor and cross- check the patient’s drug history. Also by using automated billing service, it reduces admin costs and eliminates other intermediaries, thus making billing process more efficient. 13
  • 14. Efficiency Due to the blockchain, there is an overall improvement in services that are provided, gaining more trust. For example, the prescription system ensures that patients will receive one on one treatment based on their previous history. 14
  • 16. The obvious benefits of the blockchain are: Easy data exchange and interoperability 16 Transparent billing management Efficient Monitoring and Security Collaboration Organized Processes Cost efficient AgilityUniformity Quality
  • 17. 17 Thanks! Any questions? You can find us at www.iPatientCare.com Sales@iPatientCare.com