healthcare.digital February 23, 2018
In this blog, I describe two applications of blockchain technology in healthcare as a practical embodiment of the value-based healthcare (VBHC) concept, which provides great benefits to both the patient and the healthcare provider.
What are the interfaces between VBH and Blockchain?
The main feature of VBHC is that it is not the output but the outcome of a treatment that matters. In other words, the goal of VBHC is not to minimize costs but to maximize “value”, defined as patient outcomes divided by costs (Porter 2006). This positions the patient’s importance to the forefront.
This fundamentally different approach means that patient data and the ability to share this across healthcare providers and people becomes extremely important. Without the systems...
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