Healthcare Innovation August 27, 2020
In the Alliance’s phase-one work, participants used its blockchain functionality to identify up to 88 percent of necessary demographic data corrections across the members’ shared data for address mismatches and inactive locations
Late in 2018, several major healthcare stakeholders announced their intentions to join the Synaptic Health Alliance, a group that wanted to explore how blockchain technology could improve healthcare data quality and reduce administrative costs.
The Alliance—originally formed by Aetna, Cognizant, Humana, MultiPlan, Optum, Quest Diagnostics and UnitedHealthcare—now has 11 members, whose joint goals are to specifically explore how blockchain technology could help ensure that the most current healthcare provider information is available in health plan provider directories. At the time, officials noted that “Providing consumers looking for...