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ARTICLE · 12 FEBRUARY 2019

Transforming The U.S. Healthcare Industry With Blockchain Technology

Morrison Foerster
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Morrison Foerster

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Patients accumulate vast quantities of healthcare data over the course of their lives

United StatesTechnology

Patients accumulate vast quantities of healthcare data over the course of their lives. Those data are generally housed in centralized servers operated by various unrelated industry participants, including government regulators and payors, insurance carriers, hospitals, doctors, pharmacies and pharmaceutical companies.

Unfortunately, those repositories rely on disparate data practices. In addition, they are alluring targets for bad actors. In October 2009, the U.S. Department of Health and Human Services' Office for Civil Rights (DOH) began publishing statistics for data breaches involving U.S. healthcare information.1 What began as a low rumble in 2009 has crested into a wave of leaked information nearly a decade later. For example, in 2015, more than 100 million Americans had their healthcare data taken without their permission.2 Though 2015 was an outlier in terms of the sheer volume of information taken, the picture painted by the DOH's statistics indicates that

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