US Healthcare Giant HMS Teams Up With Major Blockchain Startup Solve.Care to Reduce Costs

As per an all-new announcement issued by US-based health-IT provider, HMS Technologies Inc. (HMS), the government partnered entity has just entered into an agreement with blockchain startup ‘Solve.Care’.

According to a representative for HMS, this latest collaboration will see the healthcare firm integrate Solve.Care’s native blockchain platform into its federal HIT interface so as to minimize government healthcare costs (as well as improve interoperability and accessibility.)

More On The Matter

In a recent interview with HMS CEO, Bill Kirkpatrick, he noted that this latest partnership has been devised to “enable disparate HIT applications to share secured health data via patient authorized access using unsecured Internet connectivity”. As a result of this, users will be able to gain better, streamlined access to a host of virtual healthcare services in a completely hassle-free manner.

Also, at this point in the article, it is worth pointing out that back in March ‘Solve.Care’ teamed up with popular ridesharing app Lyft so as to tokenize its healthcare-related transport arrangements.

To be a bit more specific, we can see that the aforementioned partnership allows Solve.Care users to schedule Lyft rides for a number of different healthcare related purposes (using the firm’s native utility token called ‘SOLVE’).

Other Points To Remember

  • At press time, it appears as though a number of healthcare operators are actively looking to adopt blockchain technology so as to improve their native sharing, verification and supply chain protocols.
  • A couple of weeks back, researchers at PSU (Portland State University) were able to create a blockchain interface that reportedly has the ability to “prevent counterfeit pharmaceuticals from entering the mainstream market”.

Final Take

In closing out this piece, we should mention that just last month, a Seoul-based hospital announced its plans to release its very own “blockchain-based governance tool” so as to improve the delivery of its medical services.

The project has been dubbed “Smart Hospital” and it has been jointly devised by the Korean Ministry of Science and ICT along with the SMC (Seoul Medical Center).

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