The health care industry is always looking to increase efficiency and security, reduce costs and expand services. That’s why, according to a new report, one in five health care organizations will start using blockchain in some fashion by 2020.

Blockchain would act as a way to transmit secure, timely patient data for healthcare providers, pharmacies, insurance payers and clinical researchers, according the report, from IDC Health Insights.

The report says that 20 percent of health care organizations will have moved beyond pilot projects and be “using blockchain for operations management and patient identity” by 2020, Computerworld notes.

Health care has lagged other industries in adopting blockchain, in part because of regulatory and security concerns, Computerworld reports. Read more here.

ThirtyK Staff
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