HIT Infrastructure August 5, 2019
Fred Donovan

Healthcare blockchain could save the industry up to $100 billion per year in costs related to IT, operations, support functions, personnel, and health data breaches by 2025, estimated a report by BIS Research.

Pharmaceutical companies will benefit from using blockchain to track drugs, thus reducing the around $200 billion these companies lose from counterfeit drugs each year, the report noted.

Health insurance companies will benefit from using blockchain to reduce IT and operational costs in insurance process and health insurance fraud.

“The development in providing efficient healthcare services...

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