Blockchain

As every healthcare institution, provider, app developer and device manufacturer adopts HL7 FHIR, WBM Health predicts these developments will occur in the near future:

  • A seamless flow of data and information between healthcare organizations. Data is accessible when providers need it and consumers will no longer need to request that their health information get faxed or mailed to a new physician.
  • Personal health information (PHI) including data from wearable sensors plays a larger role in care decisions. By integrating it into medical records physicians can leverage real time data, as well as information stored in the EHR.
  • A single language so that data from disparate sources connect seamlessly. This means that unlike today where complex, large data sets are often challenging to aggregate, all datasets will have the same structure, making it easy to combine them.

However, while FHIR enables interoperability, it alone does not address all the challenges the industry confronts.  The potential for blockchain in healthcare is to elevate interoperability to another level by creating an agnostic platform facilitating connectivity of health information.

Blockchain can accomplish this objective through:

  • Verification of identities, using secure single identifiers for each individual
  • Improved security for patient data based on inherent encryption technology built into blockchain
  • Ensuring accuracy of health information since records resist manipulation but can be continually updated and can only be accessed with appropriate permissions

WBM Health intends to lead the industry in offering technology that combines the advantages of FHIR working in concert with blockchain that can be applied to a spectrum of healthcare use cases from supply chain management to medical research, interoperability, securing patient records, claims management and billing.

WBM HEALTH