6.1 Medical/Health Payment
Last updated
Last updated
The healthcare industry is undergoing a major shift: the digitization of drugs, devices, services and business models, a process that is making the healthcare system accessible to the masses and generating new value. Most countries have policies aimed at digital healthcare, increasing their digital health records, such as electronic health records, electronic medical records, and other health systems or facilities. Current restrictions around security, integrity, and access to personalized health data have become key to innovation in healthcare delivery. The healthcare industry struggles to find a balance between risk and reward, and the potential application of blockchain technology offers a timely solution to alleviate these pressing needs and can help the healthcare industry in the following ways:
Unlike existing security systems, blockchain operates on a distributed network using built-in cryptography, technology that guarantees the unmodifiability of data. The resulting health systems, medical device manufacturers, and medical technology companies can use blockchain technology to enhance their device identification management capabilities, provide selective access to patient-generated health data, and combine it with the global medical/health companies in the Douglas AMC Business Alliance for contactless diagnosis and payment.
Healthcare data sharing is more than just information exchange; Douglas AMC provides an immutable, trusted workflow through a migration path of funds, creating a "single data source" for health data exchange, thus ensuring the integrity of systems and models.
The future combination and commercial promotion of Douglas AMC with the health care industry can effectively improve the operation and management efficiency of the health care system and build an honest, traceable, transparent and secure health care payment system.
