Blockchain: Adoption In Healthcare Industry

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(No Transcript)
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Executive Summary
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Executive Summary
Industry Adoption Barometer
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Key Insights
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BC Adoption in Healthcare Industry The Story
Certainty of Adoption
High
Medium
Low
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BC-enabled Healthcare Services Key Directions
Worldview
Device Maintenance Records
Smart Contracts
Claims Adjunction and Billing Management
Compliance
Electronic Health Records
Healthcare Data Exchange and Interoperability

• USA centered companies are dominating this sector
  with their BC based solutions, mostly for
  maintaining electronic health records (EHRs),
  smart contracts and device records. The future
  trend in this region is focused on reducing drug
  counterfeits and tackling patient consent issues
  for RD purposes
• China follows the lead in BC solutions in APAC,
  predominantly for tackling local problems such as
  lack of proper information on the healthcare
  providers, scheduling appointments and payment
  processing using smart contracts
• In Europe, BC trends focused on device
  maintenance and counterfeit drug prevention
  solutions

Insights
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Table of Contents

• Chapter 1
• Introduction
• BC and How it Works?
• Is the Healthcare Industry Ready for BC and Does
  It Need It?
• What BC Could Do For the Healthcare Ecosystem and
  How?
• What BC Means for Key Healthcare Industry
  Application Segments?
• How Deep is the Adoption of BC in the HC Industry
  currently?

• Chapter 2
• BC Impact
• Invigorating the HC Industry Building the
  'Blocks' with BC
• How BC will Transform the Healthcare Industry?
• BC-based Transformation of the Healthcare
  Industry

• Chapter 3
• BC-Healthcare Key Enablers Challenges
• Major Constrains to Adopt BC in the Healthcare
  Industry
• Key Enablers for Blockchain in the Healthcare
  Industry
• Supplier Side
• Buyer Side

• Chapter 5
• Healthcare Industry - Front Runners Strategy
• BC Adoption Will Come in Phases in the Healthcare
  Industry
• Front Runners are Driving BC Adoption in the
  Healthcare Industry
• Success Story of Front Runners - Alipay (Alibaba)
• Strategic Alliance to Enter BC-enabled Healthcare
  for Front Runners
• BC-enabled Healthcare to Witness Strong Growth in
  the Long Term

• Chapter 4
• Adoption Of BC In Healthcare Industry
• How is Blockchain Accepted in the Industry?
• How is BC being Accepted in the Industry?
• Medical And Health Records
• Supply Chain Management
• Clinical Adjudication
• Claims Adjudication

• Chapter 6
• BC Enabled Healthcare (HC) Regional Adoption
• Front Runners to Write Regional Story for BC
  Adoption

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Table of Contents

• Chapter 7
• Start-ups Ecosystem BC-enabled Healthcare
• BC Start-ups Expected to Disrupt the Healthcare
  Industry
• BC-enabled Healthcare Start-ups - Overview
• Medicalchain
• Nebula Genomics
• Chronicled
• SimplyVital Health
• Cognitive Scale's
• Hashed Health
• Doc.ai
• Factom

• Chapter 8
• BC-enabled Healthcare Key Innovators
• Change Healthcare
• Guardtime
• Tracelink
• Accenture
• Intel
• SAP
• Microsoft
• Oracle
• IBM

• Chapter 9
• Conclusion and Future Roadmap
• Conclusion
• BC-enabled Healthcare - The Future Lies Here
  Cross Technology
• BC-enabled Healthcare - The Future Lies Here
  Cross Industry

• Chapter 10
• Appendix
• Definitions
• Appendix

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Introduction Blockchain
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BC and How it Works
How does BC work?
A verified transaction can involve any XX asset
Requested transaction is broadcast to the XX
network of nodes
?
validation
?
?
The n/w of XX validate the transaction following
the protocol
Once XX, the transaction becomes a part of new
XX for the ledger
A transaction is required
?
The new verified XX gets added to the existing XX
A XX is completed
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Is the Healthcare Industry Ready for BC and Does
It Need It?
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What BC Could Do For the Healthcare Ecosystem and
How?
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What BC Means for Key Healthcare Industry
Application Segments?
Major Applications of BC in Healthcare
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How Deep is the Adoption of BC in the HC Industry
currently?
The majority of key participants
.
Channels and Supply Chain
..targeted

• XX
• XX
• XX
• XX

• XX
• XX
• XX
• XX

• XX
• XX
• XX
• XX

• XX
• XX
• XX
• XX

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Impact Blockchain
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Invigorating the HC Industry Building the
'Blocks' with BC
Medical Claim File
Medical Claim to Get Approved
Medical Reimbursement to Receive
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How BC will Transform the Healthcare Industry?
BC-enabled Healthcare
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BC-based Transformation of the Healthcare
Industry

• Scenario

Impact on Health payers
Impact on Claims Management

• XX

• XX

Claims processing and payment

• XX

Smart Contract Application
XX
XX

• Contains
  .the provider.

XX
The transparency
.. conducted. Since
.patients.
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Key Enablers Challenges BC-Healthcare
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Major Constrains to Adopt BC in the Healthcare
Industry
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Key Enablers of Blockchain in the Healthcare
Industry
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Key Enablers for Blockchain in the Healthcare
Industry

• Suppliers side

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Key Enablers for Blockchain in the Healthcare
Industry

• Buyers side

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Adoption of BC Healthcare Industry
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How is Blockchain Accepted in the Industry?
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How BC is Venturing into the Healthcare Industry?

• PATIENTS AND CONSUMERS SEGMENT - Medical and
  health records

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How BC is Venturing into the Healthcare Industry?

• PATIENTS AND CONSUMERS SEGMENT Medical and
  health records Case Study

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Front Runners Strategy Healthcare Industry
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BC Adoption Will Come in Phases in the Healthcare
Industry
Initial Target Industry includes medical and
health records, billing and supply chain
management, etc.
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Front Runners Driving BC Adoption in the
Healthcare Industry

• XX
• XX
• XX
• XX

?
?
?
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Success Story of Front Runners - XX
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BC-enabled Healthcare to Witness Strong Growth in
Long Term
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Regional Adoption BC-enabled Healthcare
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Front Runners to Write Regional Stories in BC
Adoption
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BC-enabled Healthcare Start-ups Ecosystem
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BC Start-ups to Disrupt the Healthcare Industry
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Start-ups
Founded in 2016 Headquarters California, USA
Founded in 2017 Headquarters England, UK
Nebula Genomics offers personal genomics services
by sequencing DNA, and allows users to monetize
this data
Medicalchain, through its app, enables users to
give healthcare professionals access to their
personal health data. It then records
interactions with this data in an auditable,
transparent and secure way on its distributed
ledger
Funding Information
Latest Funding
Leading Investors
Funding Information
Latest Funding
Leading Investors
USD 4.3 Mn
Series A
USD 24 Mn
ICO
Oct, 2018
Feb, 2018
Major Products Services
Major Products Services

• Nebula Genomics allows customers to sequence DNA
  and have complete ownership over this data.
• This data is stored over a distributed ledger and
  can be sold to researchers using smart contracts,
  for fast acquisitions, without the need for
  middlemen
• This tackles the problem of availability of
  genomic data, caused due to high sequencing costs
  and data privacy, helping researchers in science,
  healthcare and drug development

• Through its Telemedicine Platform, Medicalchain
  will provide immediate access by allowing
  patients to communicate directly with doctors and
  share their health records for online
  consultations
• Through this solution, Medicalchain aims to solve
  a number of errors, allowing professionals make
  informed decisions about a patients diagnosis
  and possible treatment, reducing cost of
  healthcare, placing a check on insurance fraud,
  and boosting the telemedicine market

• Medical Health Records
• The company aims to reduce the number of deaths
  by providing effective diagnosis, reduce
  healthcare costs by making medical data remotely
  available and portable, and to boost the
  telemedicine market
• The company plans to target critical healthcare
  issues like data security, fragmentation, high
  costs, and lack of patient centricity

IMPACT AREA

• Clinical Trial Records
• Technological services company that can
  accelerate drug development and reduce costs by
  offering privacy-focused personal genomics
  service
• Allows research institutes to understand humans
  with their consent, based on their DNA, and
  accordingly develop vaccines for diseases
• On the patient side, it is only start-ups that
  enable patients to understand disease risks and
  take preventive actions, avoid drugs that are
  likely to have side effects, and reduce the risk
  of having children that may be affected

IMPACT AREA
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BC-enabled Healthcare Key Innovators
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Key Players - Change Healthcare
Major BC services
Key Developments in Healthcare BC
Expected Focus Areas
XX XX XX XX XX

• It is the only
  . second
• Enterprise applications and services -
  .data processing
  services
• Enterprise BC infrastructure -
  BC networks

• The company focuses .contract
  management
• In December 2018, insurance
  claims
• BC
  . healthcare organizations

BC solutions .sellers
and buyers. Apart from that,
..on the BC.
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Conclusion Future Roadmap
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Conclusion
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BC-enabled Healthcare - The Future Lies Here

• Cross technology

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BC-enabled Healthcare - The Future Lies Here

• Cross industry

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APPENDIX
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Definitions

• IT Infrastructre
• Digital Assets Files like images, videos, and
  presentations that contain information can be
  classified as digital assets
• Smart Contracts Smart contracts are
  self-executing contracts with the terms of the
  agreement between buyers and sellers, directly
  written into the lines of the code. A distributed
  BC network contains all the code and agreement
  regarding the smart contract. A Smart Contract
  allows anonymous, disparate parties to carry out
  trusted transactions and agreements, all without
  the need for an external enforcement mechanism,
  or a central authority or legal system. A BC
  network, more importantly, makes a transaction
  transparent, traceable and irreversible
• Node Management A node is a device on a BC
  network, that is the foundation of BC technology,
  allowing it to survive and function
  efficiently. Nodes are responsible for carrying
  out a number of tasks on a BC network, and are
  thus distributed across the network. Any
  electronic device which has an Internet
  connection and an IP address can be classified as
  a node. A node supports the network by
  maintaining a copy of the BC and in some cases,
  to process transactions. Activities related to
  setting the strategy, organizing and coordinating
  for these nodes for their efficient functioning,
  is called node management
• Consortium An association of several companies
  coming together to achieve a common objective
• Pilot Project Before a product or a service is
  commercialized, it is test run within a limited
  geography with limited people having access to
  it, to get the first-hand feedback so that the
  product can be improved

• Enterprise End Users Software providers
• System for Patient Data- A mutually co-existing
  system in which different providers of different
  services have access to patient data with consent

• Consumer End Users - Consumer Software
  Development
• Process Automation Digital transformation of the
  healthcare sector for increasing service
  efficiency and containing costs by integrating
  applications, restructuring labor resources, and
  using software applications throughout the
  organization
• Mobile Applications Mobile apps developed for
  services related to healthcare through which
  patients can be diagnosed remotely
• Payments and Financial Services Self-executing
  contracts and digital payments to achieve
  industry-wide penetration

Serialization- Its a process in which an object
is converted into a stream of bytes for the
purpose of being transmitted to a memory, a file,
or a database. The main objective of
serialization is to save the object in its state
so that it can be recreated later. SGTIN
Serialized Global Trade Item Number RPA Robotic
Process Automation CMOs Contract Manufacturing
Organizations PLs Party logistic
providers Redaction A new redaction (editing
text after its on network) capability of
Accenture which solves a key BC challenge and
expands its usefulness for enterprises DLT-
Distributed Ledger Technologies
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Appendix

• Research Methodology

Report Analyst then creates a report with the
support of his findings and analysis with the
help of an Editorial Team
Prepare The Analyst identifies key questions
that he would like to address from the market
study. He describes the major challenges that
would help clients in understanding the industry
of a specific geography or global
Define The Analyst then creates research
objectives and methodologies which forms basis of
the research.
Gather The next stage of research is conducted
utilizing secondary sources of information. They
conduct in-depth study of the market,
understanding its key stakeholders, drivers,
trends, challenges and opportunities globally
covering major regions such as North America,
Latin America, Europe, Asia Pacific, and Middle
East Africa.
Analyze The qualitative and quantitative
findings from the above stages are brought
together by specialists to perform a rigorous
analysis. The regional market trends, drivers,
and opportunities obtained during the analysis is
compared with regional economic indicators,
sector growth rates, population index, etc. to
ensure the data consistency. After ensuring the
consistency, these historical and present
indicators help to understand how the market will
perform in future.
BLOCKCHAIN-Industry adoption in Healthcare
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Appendix

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