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Aetna, Anthem and Cleveland Clinic back blockchain venture to improve healthcare efficiency
Fierce Health Payers June 14, 2021
Big healthcare players Aetna, Anthem and Cleveland Clinic are backing a new venture that uses blockchain technology to improve efficiencies in healthcare.
Avaneer Health was founded by a consortium of top industry heavyweights to improve transparency and interoperability in healthcare. Health Care Service Corporation, IBM, The PNC Financial Services Group Inc. and Sentara Healthcare are also involved in the consortium.
The new venture builds off a collaboration between Aetna, PNC Bank, IBM, Anthem and HCSC announced in 2019 to develop a blockchain healthcare network. That initiative has focused on using blockchain to address a range of industry challenges, including “promoting efficient claims and payment processing, to enable secure and frictionless healthcare information exchanges, and to maintain current and accurate provider...
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