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Healthtech company ODH has joined the blockchain consortium Hashed Health to develop blockchain and distributed ledger technologies for payers and providers with the aim of improving patient care.
ODH is a health technology company providing data aggregation and analytics solutions, and Hashed Health is a healthcare blockchain innovation company focused on building new digital infrastructure for healthcare.
As part of the agreement, ODH will spearhead Hashed Health’s Value-Based Care Working Group, aimed at accelerating the industry’s transition to value-based care through the adoption of practical blockchain solutions such as improving quality measures via payer and provider collaboration.
“Blockchain technologies hold a great deal of promise for managing and securing patient data, enabling greater payments efficiency and bringing together disconnected parties across the health care ecosystem,” said Michael Jarjour, president and chief executive officer, ODH. “Making those goals a reality requires teamwork among health care organizations.”
Hashed Health CEO John Bass added: “As a company dedicated to combining data, analytics and insights to enable integrated patient care, ODH adds depth to our community.
"ODH’s focus on addressing behavioral and physical health comorbidities brings a unique perspective to our initiatives. At the same time, ODH will benefit from the technical and business model innovation resources at Hashed Health, as well as exposure to our firm’s growing global community of partners and their collective expertise.”
Hashed Health’s current partnerships include Accenture, Altarum Institute, and Change Healthcare, among others.
Hashed Health, ODH, Blockchain, John Bass, Michael Jarjour, US