Humana, UnitedHealthcare Launch Blockchain Pilot Focused On Provider Directories

Humana, UnitedHealthcare, and Optum are partnering to oversee a new pilot program focused on providing directories for provider organizations. Specifically, the three organizations will be leading efforts to utilize blockchain technology in improving the accuracy of provider organization demographic data.

The combined effort believes that by improving the aforementioned demographic data, that about $2.1 billion in annual administrative costs by provider organizations can be avoided. The efforts should not be in vain, as recent survey results have shown that about 70% of payers anticipate integrating blockchain technology into their health systems by 2019. By improving interoperability problems in health . . .