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Health insurers, IBM partner on blockchain project
Modern Healthcare

A group of health insurers is partnering with IBM Corp. to use blockchain technology to improve how industry stakeholders exchange health information and ultimately create a better patient experience. Aetna, Anthem, and Health Care Service Corp. along with PNC Bank and IBM said Thursday they want to create a blockchain network that will allow the companies to build, share and deploy transformative solutions. They plan to use blockchain to solve some age-old industry problems, such as enabling health information exchanges, maintaining accurate provider directors and processing claims and payments more efficiently. The group said they are still figuring out what they will focus on first, and plan to add more healthcare and tech companies to the collaborative in the coming months.