On the 29th July, HCXI
announced its investment from Washington based equity fund Payment Ventures. The blockchain startup only released its payment platform, HCX PAY, in November of last year.
HCX PAY specializes in healthcare insurance payments and uses a private coin. The Tennessee based firm hopes to facilitate the adoption of blockchain to increase transparency and free data flow between patients and insurers. The new investment will be sure to aid the company’s growth.
Health insurance payments is an active area.
IBM has a blockchain health consortium with major insurers United Health Group, Anthem, Aetna, Humana and Cigna. Plus PNC Bank is part of the group to explore new payment models.
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