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Blockchain Offers Promising Path to Better Provider Directory Data

December 04, 2018 / Jennifer Bresnick

As the volume of big data continues to increase exponentially and the pressure to reduce wasteful spending intensifies, healthcare organizations are broadening their search for secure and seamless data management strategies. More and more frequently, organizations are finding that blockchain has the potential to solve many of the most challenging problems involved in managing administrative, financial, and even clinical data. The distributed ledger methodology, which has its roots in the world of cryptocurrency, is offering healthcare stakeholders an innovative new option for addressing mundane – yet vitally important – tasks such as maintaining up-to-date provider directories. Provider directories are necessary for ensuring that the right staff members trained and licensed to deliver specific services at care sites for which they have current credentials.