Change Healthcare has launched what it’s calling the first enterprise-scale blockchainnetwork in healthcare. By using the distributed ledger technology, hospitals, physician practices and payers can longitudinally track the real-time status of claims submission and remittance using its Intelligent Healthcare Network.
Change uses Hyperledger Fabric 1.0 – an open-source blockchain framework hosted by The Linux Foundation – as the foundation for its blockchain app design and development in the network. The emerging technology enables improved transparency and efficiency, officials say, allowing for better auditability, traceability and trust.
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