Congressional Proposal Seeks Blockchain Solutions for Health Fraud
A member of the US House of Representatives has proposed that the country's administration for veterans affairs use blockchain to track medical appointments. House Resolution 835, submitted on Monday, is directly aimed at providing a means for dismissing employees of the US Department of Veterans Affairs (VA), which oversees the distribution of government services to former members of the armed forces. The bill is tied to a long-simmering controversy surrounding the VA Department and delays in medical treatment for veterans. In 2014, for example, the Obama administration was fiercely....
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Gem, a provider of enterprise blockchain solutions, launched Gem Health, a network for developing applications and shared infrastructure for healthcare powered by the Ethereum blockchain, and announced that Philips Blockchain Lab, a research and development center of healthcare giant Philips, is the first major healthcare operator to join the Gem Health network. Gem Health is a blockchain network for the global community of companies and individuals that take part in the continuum of care. The company intends to leverage blockchain technology to address the trade-off between patient....
Medical professionals have developed ways to track and store personal health data securely within the blockchain. Blockchain use cases continue to grow as the world learns about the benefits that it brings. Apart from bringing financial innovations like the ability to do peer-to-peer transactions, blockchain now makes its way to the health industry.Health specialists created a method to track and store health data using blockchain technology. Rosanne Warmerdam, the CEO of Health Blocks, told Cointelegraph that her team had developed a way for users to generate and store patients’ health....
The U.S. Internal Revenue Service (IRS) says it needs congressional authority in order to obtain the information needed to regulate cryptocurrency. “We get challenged frequently and to have a clear dictate from Congress on the authority for us to collect that information is critical,” IRS Commissioner Charles Rettig said. IRS Says It Needs More Authority to Collect Crypto Data IRS Commissioner Charles Rettig said Tuesday during a Senate Finance Committee hearing that the IRS needs more authority to do its job in regulating cryptocurrency. He said: I think we need congressional....
During an appearance on Capitol Hill earlier this week, a representative for a prominent US think tank suggested that blockchain applications could fuel next-generation health and insurance data systems. American Enterprise Institute (AEI) resident fellow Scott Gottlieb spoke yesterday before the US House Committee on Energy and Commerce's Subcommittee on Health. In his remarks, Gottlieb testified about ideas for bringing innovation and competition to US insurance markets, at one point discussing using technology to design more intuitive insurance risk pools. Gottlieb suggested that a more....
15 winners have been selected by the Office of the National Coordinator for Health Information Technology (ONC), a division of the Department of Health and Human Services (HHS) following its blockchain research challenge. Announced last month, the HHS sought whitepapers as a part of the “Use of Blockchain in Health IT and Health-related Research Challenge”, a competition to look into the potential utilization of blockchain technology in healthcare. The ONC said that it received over 70 submissions in total. The participants included individuals, organizations and companies, pitching and....