PANEL DISCUSSION: BLOCKCHAIN’S POTENTIAL ROLE IN PROVIDER-PAYER COLLABORATION

The United States healthcare systems administrative cost burden is nearly three times that of other developed countries representing $240B/yr. The leading cost driver for this difference is the multi-payer environment that exists in the US, wherein each payer has its own rules, reporting measures, reimbursement models, etc. that provider organizations must respond to. Today, few of the administrative tasks between providers and payers are automated. As the industry moves to more value-based reimbursement models, the potential reporting burden and associated administrative costs will only accelerate.

But this need not be the case in the future. The promised combination of Blockchain, smart contracts, artificial intelligence and machine learning algorithms can significantly automate many of these administrative processes and tasks. This session will explore where the most promising near-term opportunities lie as well as long-term, what we may envision as a healthcare system of the future.

Moderator:
John Moore, Founder & Managing Partner, Chilmark Research
Panelists:
Kyle Culver, Solution Architect, Humana
John D. Halamka, MD, MS, Chief Information Officer, Beth Israel Deaconess Medical Center & Chief Information Officer and Dean for Technology, Harvard Medical School