THE HEALTHCARE INDUSTRY
BLOCKCHAIN & DISTRIBUTED LEDGERS
Holland & Knight is well-positioned to determine if your organization can become more profitable with increased patient satisfaction through blockchain implementation. Don’t let your competition make the first move.
Some of our lawyers are coders who enjoy using their abilities at the intersection of technology and the law, including cognitive analytics.
Among the first law firms to embrace blockchain’s potential, we maintain and leverage strategic relationships worldwide with some of the premier blockchain developers and stakeholders.
Organically built around our industry sector groups, our team includes partners who initimately understand healthcare industry sector
Our legal engineers routinely work where several pillars of the Fourth Industrial Revolution converge (e.g., distributed ledgers, Internet of Things (IoT), artificial intelligence).
WHO WE ARE & WHAT WE DO
Our legal engineers have developed numerous legal and business process applications related to blockchain technologies.
We analyze your healthcare organization and information technology infrastructure, process by process, to identify or create the best use cases for blockchain implementation to benefit your company.
Our team includes thought leaders who have published a combined total of 24+ papers, along with the Thomson Reuter’s legal primer on blockchain.
Our seasoned healthcare regulatory attorneys understand the evolving landscape and help to ensure that compliance is at the forefront of the assessment, design and implementation of your blockchain solution.
Identifying the best use cases, we work with you and your primary technology provider to develop a blockchain proof of concept (PoC) tailored to your organization and needs.
Under the protection of the attorney-client privilege, the PoC will be tested and refined to promote desired outcomes and expectations.
Researchers
• Large de-identified health information repositories
Payers
• Improved insight into population risk
• Automatic claims adjudication
Pharmaceuticals
• Universal ledger for prescription medication tracking
• Easier to identify counterfeits entering the healthcare system
Hospitals
• Seamless, standardized and secure data exchange across networks and systems
• Value-based care benefits
Providers
• Longitudinal health records for improved clinical care
• More streamline processes and less frustration over access to critical records
Patients
• Patient control over access to electronic patient health information
• Eliminates hurdles to patient access of medical records
BLOCKCHAIN BENEFITS FOR HEALTHCARE STAKEHOLDERS
Patient Ownership of Health Information
Complete longitudinal healthcare records via public key infrastructure (PKI) allows patients to store and share electronic health information securely
Interoperability
Standardizing the protocols for securely sharing patient information across providers and systems
Supply Chain Management
A distributed ledger to maintain the supply chain at the product level can address drug counterfeiting and prescription abandonment
Claims Adjudication
Reduce healthcare fraud and waste by removing intermediaries and administrative costs
Cybersecurity
Cryptographic security combined with immutable properties mitigate unauthorized access and maintain the integrity of electronic health information
Precision Medicine
Greater access to a larger set of anonymous health information and data