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How Blockchain Improves Health Care

By October 29, 2019 No Comments

It would be a shame if we do not use the benefits of blockchain in medicine. Having in mind the fact medicine is one of the most important fields for preservation of life, blockchain should be a must. How blockchain improves health care is the topic of the day.

Health Care in the USA

At the moment, the health care system relies on communication between patients and doctors, as well as on communication and exchange of files between general physicians and specialists. The statistics provided by Organization for Economic Co-operation and Development (OECD) show that specialists mainly rely on data which they receive through regular traditional channels. This means that roughly one third of specialists does not question the information received from general physicians.

On the other hand, the majority of specialists think that the information they receive from general physicians do not contain all the necessary details, or that are not fully justified.  The percentage of errors in assessment goes as high as 80%. Would you gamble against these odds?

The USA is the leading country in health care spending. In 2018 only, the average American spent approximately $11,212 on health care, and the numbers are constantly rising. Paradoxically, on average, the Americans live 3 years shorter than people in other high-income countries.

The Blockchain Revolution in Health Care

Blockchain has one main goal: to decentralize and make every process more secure, faster and easier. Health care system should not be any different.

Once blockchain involves heavily in medicine, the estimates are that health care should become more affordable and easily accessible. Additionally, the exchange of information should be instant. Blockchain improves health care, undoubtedly. In what way, you may ask?

Patients should be allowed to choose the parties having access to those medical records. Such exchange of information provides for interventions done in timely manner. Furthermore, blockchain can enable the medical staff to track the healing progress of their patients in real time. Blockchain improves health care, but it also benefits the pharmaceutical industry and patients simultaneously. It sounds strange, I know. However, when you come to think about it, blockchain can track prescription drugs and give input to how many prescriptions have actually been filled out.

Basically, blockchain can make a big part of our lives easier to handle. Above all, it can show how involved each and every one of us can be when it comes to our health. Maybe the biggest advantage of blockchain-based system is the opportunity to get the system work for an individual, not the vice versa.

Do you think health care in the US should change drastically?

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