Problem statement
Healthcare organizations are continuously in the radar to improve their operational and patient care management. Most of the challenges arise due to lack of technology to help in identifying challenges and taking appropriate actions. For example: availability of end-to-end information on pharmacy supplies can lead to better inventory management and subsequently improved patient care. Asset tracking and maintenance is also a big part of the challenge in healthcare operations. Embracing latest technology like blockchain for Supply Chain management can easy many of the pain points that healthcare organizations face today.
Our Features
- Records transactions, tracks assets
- Trusted and Immutable systems provides complete auditability.
- Deploys secrete contracts between parties.
- Automatic validation of agreements with Smart contract.
- Maintain High value asset history and monitor performance history while assuring the quality.
- Proves provenance.
Fact sheet
Approx Cost to process 30 billion healthcare transactions per year, 15 billion of which are faxes
physicians are dissatisfied with the timeliness of information or inadequate information in referral letters
mistakes made in the healthcare industry are administrative, and results in the death of 400,000 people per year.
of all serious medial errors involve miscommunication during transitions to different care settings
of all U.S. hospital spending consists of administrative costs
Forms providers need to fill out an average per year with the average organization spending $20 in labor to file each document
malpractice claims involve missed or delayed diagnoses due to errors in hand-offs between providers
are reordered because the results cannot be found, and patient charts cannot be found on 30% of visits
Benefits
- Simplifies complex and Fragmented process
- Smart contracts increases Supply chain efficiency, agility and innovation
- Deters fraud and prevents theft
- Improves payments and pricing process
- Permission network, hence no public and costly mining