A Case Study For Uses Of Blockchain In Healthcare
Originally created to facilitate transactions of cryptocurrencies, blockchain has expanded beyond bitcoin trading. It has now been incorporated into governmental services. Among the adoption in many sectors, this technology may help with data management and operations in public healthcare. One initiative of notice, that is already working towards that end, is Coral Health in New York.
Coral Health is a technology company that is building a more connected future in healthcare by enabling secure, real-time, shared access to validated medical information. At the heart of the Coral Health system is a cross-platform, personal health app that provides users with seamless access to their medical records. Individuals are able to share access to their data to improve care coordination and fuel a vibrant ecosystem of third-party digital health applications.
Coral Health Records provides users with the unprecedented ability to collect and control their healthcare information. The app currently connects with over 200 hospitals across the USA and Canada to sync an individual’s electronic health record (EHR) data securely to their device. The company expects the number of connected institutions to grow to 1000 by year end. Coral Health Records also allows parents and legal guardians to access and manage their children’s records with its multi-user functionality. All data is encrypted both in transit and at rest on-device, ensuring HIPAA, HITRUST and GDPR compliance.
“While individuals have a legal right to their medical information, in practice, accessing and sharing health data today is mired with delays, errors and frustration. This is why we’re thrilled to introduce the Coral Health Records app, the easiest way for healthcare users to reclaim ownership of their medical data,” said Philip Parker, Coral Health’s co-founder and COO. “We are building a future where our users will never have to enter a clinical setting without their complete medical history, enabling practitioners to make more timely, higher quality treatment decisions.”
These are only a few of the numerous potential advantages of blockchain for health care and government. Blockchain is shaping the future and we all should be paying close attention to new developments.
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