Blockchain technology addresses the trade-off between personalized care and operational costs by connecting the ecosystem to universal infrastructure. Shared infrastructure allows us to create global standards without compromising privacy and security.
Blockchain networks require building an inclusive ecosystem of connected companies and technologies. We’re partnering with industry leaders to take an industry-driven approach to application and infrastructure development.
Gem’s first partner in healthcare is Philips. Together we’re exploring how blockchain technology can support a patient centric approach to healthcare.
We partner with industry leaders to identify problems they want to solve for their network, and then we spin out a federated blockchain to support the pilot running on GemOS.
Limited capacity for partners and projects per pilot.
Powered by GemOS
Our platform creates new rails for connecting, exchanging and acting on critical data across an ecosystem.
Gem Health in the Press
Revenue cycle management relies on transparent, real-time updates to any changes made to a claim as it travels through the billing process. Blockchain technology, a permanent log of online transactions or exchanges, is one method that can be used to help accomplish this.
Bitcoin, digital currency and blockchain technology experienced another explosive year in 2016. While bitcoin breached the all-time high in USD market cap, several new digital currencies claimed a place in the spotlights as well, while the blockchain buzz arguably peaked it all.
Blockchain is being put forward as a new means to potentially help solve interoperability challenges in healthcare.
Quest Diagnostics, a public clinical laboratory service provider with a revenue of $7.5 billion in 2015, lost 34,000 sets of valuable client information in a major hacking attack, announcing an investigation into the attack on December 12. During the data security incident, Quest Diagnostics admitted that the name, date of birth, lab results and telephone numbers of its clients were stolen.
A new Deloitte report shows 35% of surveyed healthcare and life sciences organizations plan to deploy blockchain technology in the coming year, outpacing blockchain adoption in other industries.
Game theory is the science of strategy. A branch of mathematics and economics that explores strategic situations across multiple stakeholders with different goals, whose actions can affect one another. Pioneering companies are changing the game with blockchain technologies. The new game of consumer interactions redefines transparency, immutability and security across industries.
The disruptive nature of blockchain technology is easy for people to conceptualize in the field of finance. T+3 interferes in traders being able to maximize earnings – payments shouldn’t take days to process while an email can be sent in seconds. As the first use case in many to come, finance is a perfect use for the blockchain.
Gem CEO Micah Winkelspecht explains.
Capital One announced this week it is partnering with blockchain startup Gem to use the digital ledger technology to track claims for medical patients. I mention this not because it’s the most important story of the day, but because the notion of banks using the blockchain to address the nightmare that is our health payments system is just another sign of how quickly technology is changing the fundamentals of modern business.
Capital One is going to test out blockchain for health care claims and analytics, the company announced Monday.