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Benefits-of-Blockchain-in-Healthcare-on-SelfGrowth
HealthTechnology

What Are the Benefits of Blockchain in Healthcare?

Dr. Darius Block II
Last updated: April 26, 2019 7:48 am
By Dr. Darius Block II
4 Min Read
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Blockchain technology is changing healthcare. How? Let’s know!

Contents
1. Data Sharing2. Health Data Management3. Smart Contracts4. Patient-Centric Strategy5. Patient Records6. Supply Chain Management7. Interoperability8. Clinical Trials9. Tracking Flow of Services

1. Data Sharing

In healthcare sector, data sharing is common and this is what Blockchain does very well. So the healthcare sector can use this technology when they have to share health data without any extra costs. Data security is amazing with Blockchain so hospitals don’t need to worry about it.

2. Health Data Management

There is a lot of patient data created on the daily basis. Most of the data is not managed and is not useful for the doctors and medical researchers. This issue can be resolved with the use of Blockchain technology and RIS PACS software that offers great facility in health data management. It makes medical and health records accessible and with great ease.

3. Smart Contracts

You can understand smart contracts as the tools that automate administrative tasks and management. In healthcare sector, the hospitals and doctors need such systems that manage the workload and make things easier. With Blockchain technology, smart contracts are possible and can improve the management tasks to a great extent.

4. Patient-Centric Strategy

Every hospital and doctor wants to have patient-centric services for the patients. But that is not possible for many due to lack of right technology and tools. Blockchain makes it possible as it improves the healthcare and quality of services to a considerable extent benefitting patients as well as hospitals.

5. Patient Records

Blockchain is also very helpful in extracting relevant and useful patient record for research purposes. The data is further utilized and processed and analyzed by the researchers for improving care and treatment given to the patients. DICOM PACS software are also helpful in this.

6. Supply Chain Management

For hospitals, there are not enough supply-chain management tools or systems that can work flawlessly. A number of new studies have linked the benefits of Blockchain with supply-chain management. Hospitals can also avail this service and integrate Blockchain into their supply-chain management cycle.

7. Interoperability

With electronic health records and data storage- Blockchain can be very helpful in interoperability. It offers standardized and safer ways for the providers. Furthermore, it is useful when it comes to drug supply management and preventing frauds in the healthcare sector.

8. Clinical Trials

The purpose of clinical trials is to experiment to improve the treatment and care for the patients. This involves huge data, analysis and management of this record. Without Blockchain, it can be a difficult job for medical researchers to manage that huge amount of data. With Blockchain handling data is easier according to Blockchain and RIS PACS software providers.

9. Tracking Flow of Services

There are a number of areas in health sector where fraud and such other issues are rife. If these issues are not addressed, they can cost lives, delay treatment and care given to the patients. Multiple studies have found out these problems can be better handled if the healthcare sector utilizes Blockchain technology. The rate of frauds will be reduced drastically with Blockchain.

Dr. Darius Block
Dr. Darius Block II
TAGGED:Healthcare
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