Explore more Categories
Artificial Intelligence involves the science and engineering of developing intelligent machines
The manufacturing world is at a cusp of a new revolution that will redefine conventional business models
IoT will have a major impact on businesses and consumers in the future
The world is creating 2.5 exabytes of data daily
Our research seeks to connect-the-dots across multiple trends
Personal Robots are Set to Be a $19 Billion Market
Strategic Analysis of BREXIT and its Implications to Industries, Economies and Societies
Time for a Digital Revolution in the Women’s Health Market
iFrost is a digital platform for interactive and dynamic reporting of data.
The TOEs are a great source of information which gives corporates critical information on companies to action for their strategic investments either as an open source platform or to collaborate and to develop successful products
Healthcare Industry Assesses Blockchain Potential to Optimize Healthcare Workflows and Improve Outcome-based Care Delivery Models
save 25 %
* Required Fields
Pay by invoice
Blockchain technology, with its ubiquitous security infrastructure for seamless health data exchange, holds potential to eliminate the burden and cost of health data reconciliation and facilitate interoperability. Emerging blockchain systems promise to unlock new economic advantages by disintermediating high-cost gatekeepers and automating transactional services across healthcare workflows (e.g., claim adjudication, billing management, RCM, drug supply chain). Increasing pricing pressure to decrease healthcare cost globally and digitization of care delivery models are transitioning the industry toward a much-anticipated personalized treatment paradigm. With these health systems, payers and drug and device manufacturers equally urgently require a secure connected health IT ecosystem to manage healthcare data and promote value-based care. At its core, blockchain offers the potential of a shared platform that decentralizes health data, ensuring access control, authenticity, and integrity of protected health information. Further, the blockchain-based distributed network consensus with cryptography techniques provides an additional layer of trust to minimize cybersecurity threats for healthcare IT systems. This never-before blockchain-based trusted workflow with a “single source of truth” presents the healthcare industry with radical new possibilities for outcome-based care delivery and reimbursement models. Despite the hype around blockchain, for many people (across different industries), the blockchain concept remains difficult to grasp—which makes it one of the most misunderstood technologies of 2017. Blockchain technology may not be the panacea for healthcare industry challenges but it holds the potential to save billions of dollars by optimizing current workflows and the disintermediation of some high-cost gatekeepers.Research ScopeThe research service analyzes the key trends and developments around blockchain technology and captures the essential building blocks for implementing a healthcare-focused blockchain ecosystem in the next 5–10 years. Differentiating the hype from reality, the study discusses blockchain technology’s most potential applications in some of the pressing needs of the healthcare industry—such as health data interoperability, cybersecurity, insurance fraud management, and drug supply chain provenance. The study also provides a global flavor around blockchain technology deployment and discusses current adoption trends across major healthcare-focused use cases—such as the adoption timeline, growth opportunities, implementation challenges, government and commercial initiatives, select collaboration or deals, and the key companies and consortiums to watch. Finally, the study provides strategic imperatives and recommended business models to foster healthcare-focused blockchain ecosystem partnerships for future implementation on a large scale across healthcare use cases.Key Questions This Study Will Answer• What is blockchain technology and what are its implications for the healthcare industry?• Who are the key stakeholders in the healthcare blockchain ecosystem?• What is the convergence potential for blockchain with emerging healthcare technologies? • What are the most promising application areas of blockchain for the healthcare industry?• What are the adoption and growth trends for these use cases?• Which are the leading companies with healthcare-deployable blockchain solutions?• What are the possible business models for blockchain technology deployment in healthcare applications?• What are the challenges for implementing blockchain in healthcare?
US Digital Therapeutics Growth Opportunities
United States Healthcare Consumerism Growth Opportunities
Frost Radar™: US Healthcare Cybersecurity Market, 2020
Growth Opportunity Analysis of the North American Clinical Documentation Improvement (CDI) Market
Growth Opportunities in the US Remote Patient Monitoring Market, Forecast to 2023
SXSW 2018: SXSW Accelerator and Healthcare
Assessment of the US Revenue Cycle Management Market, Forecast to 2022
Digital Health Market Profile—Fitbit
Growth Opportunity Assessment of Healthcare IT Market in Spain, Forecast to 2021
US Telemental Health Market, Forecast to 2021
commercial aircraft market forecast
tobacco industry analysis
augmented reality market
consumer electronics market
food waste market
solar cell market
Don't have an account? Create One!
Enter your Email Address here to receive a link to change password.
If you are an existing frost.com user, please register using the same email for seamless access
Already have an account? Login!
Use your Linkedin account to login or register within our store.You're just one click away.