Yesterday another substantial healthcare blockchain consortium was unveiled in the U.S. called Coalesce Health Alliance. Express Scripts is joining several companies under the
Blue Cross Blue Shield umbrella. The alliance plans to evaluate blockchain for exchanging healthcare data within the Blues’ ecosystem.
The Blue Cross Blue Shield Association (BCBS) is a federation of 36 separate U.S. health insurance organizations serving 106 million people. Coalesce includes the operators of three of the plans in Massachusetts, Michigan (BCBSM) and New Jersey (Horizon Healthcare Services) which will work with Express Scripts and NASCO, the health technology company owned by BCBS health plans.
Express Scripts is number 25 on the Fortune 500 list with a $100 billion turnover in 2016. It’s one of the largest pharmacies in the U.S., and one of the largest pharmacy benefit (insurance) claims managers. It was acquired by Cigna just over a year ago.
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