Just three weeks ago IBM unveiled a new
blockchain healthcare initiative with Aetna, Anthem, Health Care Service Corporation (HCSC), and PNC Bank. Today at IBM’s Think event in San Francisco it
announced that Cigna and Sentara Healthcare are joining the group. The aim is to build, share and deploy solutions to drive transformation in the industry. With Cigna joining, the group now has three of the top five U.S. national health insurers.
| Insurer/Payer | 2017 Revenues |
| United Health Group | $201 billion |
| Anthem | $90 billion |
| Aetna | $60 billion |
| Humana | $53 billion |
| Cigna | $41 billion |
The consortium aims to use blockchain to address claims processing, enable healthcare information exchange, and maintain provider directories.
Article continues …
Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.
