The US government’s top health IT technology provider, HMS Technologies Inc. (HMS), is collaborating with Solve.Care, a startup focused on blockchain technology.
According to reports, the partnership between the two companies will see HMS integrating Solve.Care’s blockchain-powered platform with its initiatives on health information technology (HIT). The move will hopefully lower the cost of government healthcare and improve its accessibility and interoperability.
The CEO of HMS, Bill Kirkpatrick, explained that the project with Solve.Care will allow their “disparate HIT applications to share secured health data.” This can be done once the patient authorized to access. He also said the integration will enhance care coordination while streamlining patient’s access to virtual health services and improving healthcare profiles.
Solve.Care has been quietly building a profile. Just last month, the startup began a partnership with Lyft to tokenize the ridesharing company’s transport arrangements that are related to healthcare. The partnership with Lyft will reportedly allow Solve.Care members to schedule rides to the doctor, the hospital or pharmacy. Payments are automated using SOLVE tokens from the client’s Solve.Care digital wallet.
The healthcare industry has been very proactive with regards to blockchain, with the goal of using the technology to improve analyzing, verifying, and sharing patient data and medical supply chains. The researchers at Portland State University are leading the charge. They have developed a blockchain protocol that stops fake pharmaceuticals from entering the market.
Meanwhile, one of the largest hospitals in Seoul, South Korea, announced last month its plans to implement a blockchain-powered platform to enhance its medical services. The project, called “Smart Hospital,” will reportedly improve the accuracy of the information and lessen the hospital’s processing time.