Baptist 1st system to use blockchain for drug pricing
Becker's Healthcare July 18, 2023
Baptist Health, a nine-hospital system in Louisville, Ky., is the first health system in the U.S. to use MediLedger’s blockchain technology to review prices for procured drugs.
The system teamed up with MediLedger, a blockchain pharmaceutical technology company, to ensure the 40,000 pharmaceutical products it buys every year are “the correct negotiated contracted prices,” Thomas Matanich, system director of...