$200 Bln UnitedHealth Group Unveils First Blockchain Foray

$200 Bln UnitedHealth Group Unveils First Blockchain Foray

“US healthcare giant UnitedHealth Group has partnered to use Blockchain to keep records up to date, a statement confirms April 2.

Under a new joint scheme, the conglomerate’s Optum subsidiary will work with several other industry players to address US doctor directories, over 50% of which contain incorrect information, according to the government.

“Industry estimates indicate that $2.1 billion is spent annually across the health care system chasing and maintaining provider data,” the joint statement reads.

“The pilot will examine how sharing data across health care organizations on blockchain technology can improve data accuracy, streamline administration and improve access to care.”…”

https://cointelegraph.com/news/200-bln-unitedhealth-group-unveils-first-blockchain-foray/

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https://cointelegraph.com/news/200-bln-unitedhealth-group-unveils-first-blockchain-foray