Arizona Care Network, an ACO based in Phoenix, launched a blockchain platform from Solve.Care Foundation to reduce administration burdens.
Solve.Care said it developed the blockchain solution, which is used through a mobile phone, to reduce waste and improve healthcare outcomes.
ANC has already introduced Solve.Care's Care.Wallet for physicians. The mobile app, built on the blockchain, aims to streamline benefits administration. The app displays relevant patient data for physicians, as well as the financial rewards physicians can earn from ACN.
ANC also plans to launch Care.Wallet for patients, which automatically synchronizes patients' benefits information, including deductibles and co-pays, co-insurance and out-of-pocket expenses. Patients can then use the app to obtain immediate authorizations, schedule appointments and share benefits information.
Armed with real-time, verified data, ANC hopes its staff will be able to reduce the time spent on administrative tasks associated with processing claims.