Hashed Health organized a local area meet up in Nashville on Wednesday, January 24. Over 200 interested attendees engaged as Representative Jason Powell and Emily Vaughn of Change Healthcare spoke. After Powell discussed Blockchain bill HB1507 introduced to Tennessee State Legislators, Emily Vaughn of Change Healthcare shared her Blockchain story and introduced a project underway at Change to streamline claims processing.
As explained by moderator Corey Todaro of Hashed Health, over the course of the past year, the monthly Meet Up hosted by Hashed Health has gone from 20 to 200 attendees.
“A year ago we were about 20-25 people at Industrious down in the Gulch talking about IoT and Blockchain and now we are 670 members strong,” said Todaro, explaining the scalable growth of Hashed Health in the past year.
Hosted at the Nashville Technology Council, Brian Moyer, President and CEO, made an introductory statement on the space where the event was held at 500 Interstate Blvd S, Nashville, TN 37210.
The event began with Representative Jason Powell as he presented on HB1507, which he had introduced to the state legislators’ Business and Utilities House government committee earlier on January 24, 2018. The bill can be found at: http://www.capitol.tn.gov/Bills/110/Bill/HB1507.pdf.
“There were a couple people who said I still don’t completely grasp this. So I think that is going to be one of the challenges in the Tennessee legislature,” said Powell, as he underscored the bill as a bi-partisan effort put forth by not only him, but also his sponsor in the Senate, Republican Steve Dickerson.
He continued: “We think it’s critical we have important and valuable Blockchain legislation in the state of Tennessee. I would ask you to help me with support by reaching out to your representatives and senators and telling them it’s important they support Blockchain legislation.”
Corey Todaro, COO of Hashed Health, moderated the event. Emily received several thought provoking questions including those from the RocketChat channel set up for the event and accessible at:
Emily began her presentation with an introduction to her own experience working in the Blockchain industry, starting with Bitpay, Gem, and now Change healthcare.
Later in the presentation, she introduced the “Intelligent Healthcare Network with Blockchain featuring claims management transparency”.
“What’s exciting about this blockchain project is it’s processing power. We can sustain 50 million transactions a day. It was developed with the hyperledger fabric to add an additional logging function for these events,” said Emily Vaughn of Change Healthcare. The hyperledger fabric is an umbrella project started by the Linux Foundation in December 2015 to support the development of Blockchain-based distributed ledger systems.
Change healthcare engineers added a claims transparency application programing interface (API) so payers may more directly remit Provider Claim Submissions. This capitalizes on the announcement Neil De Crescenzo, President and CEO of Change Healthcare, made at the Distributed Health Conference in September 2017 to have a Blockchain Network Solution by the end of that fiscal year. The “Intelligent Healthcare Network with Blockchain featuring claims management transparency” launched on January 8, 2018 for general availability to customers.
The event was live-streamed at https://business.facebook.com/changehealthcare/videos/10155465759047632/
and has received over 5,200 views to date.