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How blockchain will transform the healthcare ecosystem

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Listed:
  • Sharma, Luv
  • Olson, John
  • Guha, Abhijit
  • McDougal, Lori

Abstract

Blockchain has the potential to fundamentally transform the healthcare ecosystem, impacting all healthcare participants. In this article, we study the potential impact of blockchains on patient-centered care delivery by looking at the ecosystem of blockchain-based solutions being developed for key stakeholders: patients, pharmaceutical firms, hospital systems, and insurance providers. Building from our interviews with senior managers, our actual experience in the healthcare industry, and our academic research, we outline how blockchain will transform healthcare, and we provide guidance as to how those in healthcare need to start thinking about engaging with blockchain technology.

Suggested Citation

  • Sharma, Luv & Olson, John & Guha, Abhijit & McDougal, Lori, 2021. "How blockchain will transform the healthcare ecosystem," Business Horizons, Elsevier, vol. 64(5), pages 673-682.
    • Handle: RePEc:eee:bushor:v:64:y:2021:i:5:p:673-682
    DOI: 10.1016/j.bushor.2021.02.019
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    References listed on IDEAS

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    Cited by:

    1. Aloini, Davide & Benevento, Elisabetta & Stefanini, Alessandro & Zerbino, Pierluigi, 2023. "Transforming healthcare ecosystems through blockchain: Opportunities and capabilities for business process innovation," Technovation, Elsevier, vol. 119(C).
    2. Park, Andrew & Wilson, Matthew & Robson, Karen & Demetis, Dionysios & Kietzmann, Jan, 2023. "Interoperability: Our exciting and terrifying Web3 future," Business Horizons, Elsevier, vol. 66(4), pages 529-541.

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