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Healthcare Infomatics Blockchain Discussion – MultiPlan – ProCredEx – Hashed Health – C3

In Nashville, a Candid Discussion of the Potential for Blockchain in Healthcare

July 10, 2018

What are the realistic prospects for the adoption of blockchain technologies in U.S. healthcare? The opportunities exist, but so do seemingly countless complexities. On June 28 at the Sheraton Nashville Downtown, experts and innovators around blockchain shared their perspectives on the subject, during the Health IT Summit in Nashville, sponsored by Healthcare Informatics.

Giles Ward, COO of Hashed Health, a Nashville-based “healthcare innovation firm focused on accelerating the meaningful development of blockchain and distributed ledger technologies,”led the panel discussion, entitled “Use Cases for Blockchain in Healthcare.” He was joined by David Murtagh, vice president of operations, provider data management, at MultiPlan, a New York City-based company that “helps healthcare payers manage the cost of care, improve their competitiveness and inspire positive change”; he was also joined by Anthony Begando, CEO of the Nashville-based Professional Credentials Exchange, or ProCredEx, which provides systemic professional credentials verification services; and by Jeanine Martin, nurse advocate and clinical information leader at C3 Global Biosciences, Inc., a Las Vegas-based research firm involved in cannbidiol (CBD; medical marijuana) development and distribution.

Ward began by asking Murtagh about his perspectives on the research and development work done on blockchain in healthcare in the past two years. “Two years is actually a long timeframe to look back on,” Murtagh said. “We’re fortunate enough, because of the relationships we have, most of the partners are relatively small. United, United Health Group. Optum, Humana, and Quest Diagnostics, collaborative. There’s a relationship factor. United might have a really good relationship with a set of providers, that we don’t have. It’s not like there are certain provider groups out there that say we’re going to shun certain health plans. I believe that the real trigger for this industry to collaborate and use a technology like B that’s relatively unproven, has been driven by regulations. CMS started auditing provider directories of health plans, and for the commercial health plans, CMS has delegated the requirements to the states for audit requirements. And every state has done something different.”

 

Read the full article here: Healthcare Infomatics

June 2018 Nashville Blockchain Meetup – MultiPlan

 

The June 2018 Nashville Blockchain Meetup was an encapsulation of everything that makes the time and energy invested in Meetups worth while.  In partnership the Health IT Summit Series the Nashville Blockchain Meetup and all conference attendees were invited to an informal discussion at the Nashville Technology Council about the recently announced healthcare blockchain pilot program involving Optum, United HealthcareQuest Diagnostics, Humana, and MultiPlan.   As we await the release of the much anticipated whitepaper, details have been hard to come by,  so were thrilled to welcome David Murtagh who serves as  MultiPlan’s Vice President of Operations over Provider Data Management.  David offered a grounded, non-technical look at Multiplan’s approach to the technology, why they chose to participate, and the challenges of convening a network among industry peers and sometimes competitors.   Provider directory management is a fluid and complex.  He gave estimates drawn from their 2.5 million provider entries showing that 2-3% of the data changes every month which compounds to almost 50% of the data in a given directory turning over every 18 months.

At Hashed Health, we have long seen Provider Directories as a perfect early use case for blockchain – the data is unregulated and non-competitive.  For HIMSS 2017, we built a provider directory prototype on an early release of Fabric as a working example of what was possible with blockchain.   Relate-able  use cases and networks of known players are key as the industry looks for reasons to say yes to blockchain – this project is exactly that.

We are grateful for our partnership with Richard Tomko and Stephen McCollum at Healthcare Infomatics for bringing David Murtagh and Multiplan to Nashville for the events.  Please listen to the audio or watch the video of the meetup below.

 

 

See the article in Forbes:  “United Healthcare, Optum, Humana, MultiPlan and Quest Diagnostics launch blockchain provider director pilot

 

Audio Podcast of Meetup:

Video Recording of Meetup (sorry about the back lighting)


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