Today IBM
announced a new blockchain-based healthcare ecosystem with health insurance companies Aetna, Anthem, Health Care Service Corporation (HCSC) and PNC Bank. The aim is to leverage blockchain to drive digital transformation in the industry.
The planned scope of the project includes claims and payment processing, health data exchanges, and up-to-date provider directories.
Anthem with 2017 revenues of $90 billion and Aetna with 2017 revenues of $60 billion are two of the top five US health insurers. Health Care Service Corporation is an independent licensee of the Blue Cross and Blue Shield Association and has 15 million members in its plans in Illinois, Montana, New Mexico, Oklahoma and Texas.
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