HealthChain supports a large number of Provider use cases
Use cases for Providers
(a select few)
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Enabling ACO’s a solid foundation for remote patient monitoring
Member collects continuous health/vitality data and aggregate EHR, Lab & Pharmacy data
Data is stored in Blockchain & accessed by the Node at ACO’s
ACO’s can deploy AI/BI/ML and exploit the capabilities of HealthChain
Set up automatic alert to monitor vital parameters
Collaborate between patient, doctor and nurse during either home health care process or managing high risk patients
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Revenue cycle management starts with Prior Authorization
The future involves payers and providers collaborating on prior authorizations via a private, permissioned distributed ledger using IOTIED’s HealthChain distributed ledger.
Payers would follow their existing processes to create billing documents, member lists, etc. But instead of publishing static files or exposing information via websites or application programming interfaces, they populate the blockchain ledger or network with the same information.
Those relatively simple steps would completely remake the prior authorization process and drastically reduce the cost for everyone.
When the ledger contains the billing policy information, prior authorization checks are simple, automated lookups that a computer can complete in seconds.
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Improve patient care quality while delivering Telemedicine services
HealthChain makes remote monitoring and telehealth easy with smart contracts. Telemedicine is growing by the day fueled by the recent pandemic.
It allows physicians and doctors to reach their patients using electronic devices, such as mobile phones and other IoT devices.
Telemedicine allows doctors to take care of prescription compliance and collate real-time data measurements of their patients’ conditions.
These modern advancements are helping to increase interoperability and reduce admin inefficiency whilst enhancing patient outcomes.