Current Situation
Credentialing is now done with manila folders, phone calls, and emails, causing inconsistencies, redundant effort, and manual redo payers. Regional variation in requirements and deployment of credentialing exist.
Goals and Objectives
Provide immutable, transparent, multiparty consistency of data access and update, with privacy.
Technology Deployed
Blockchain has the promise of establishing one immutable source of a provider’s credentials; shared by many, updated by the authorized, for hospitals themselves and payers dealing with many hospitals.
Use Case Summary
Multiple consortiums and companies are addressing specific use cases with blockchain. Technology may not be a problem with this transformation. Governance and cooperation among all in the “chain” may be harder.