Mike Jacobs

Location icon United States of America

Senior Distinguished Engineer at Optum

Healthcare IT News
Optum, UnitedHealthcare, Humana, others launch blockchain pilot

Five healthcare organizations including insurers UnitedHealthcare and Humana, Optum, Quest Diagnostics and MultiPlan are launching a blockchain pilot to help payers tackle mandated provider directories. UnitedHealthcare and Optum are both part of UnitedHealth Group. Humana got involved through old-fashioned networking, according to Mike Jacobs, a senior distinguished engineer at Optum, who has been working on the test program for two years.

Insurers will study blockchain to fix their provider lists

As a patient, finding a doctor in-network on your health plan can make a big difference when it comes to out of pocket costs. For insurers and the doctors they contract with, finding a better way to keep provider lists up to date, could make a big difference when it comes to administrative costs.

Star Tribune
UnitedHealth Group dabbling with blockchain

UnitedHealth Group is joining forces with a rival health insurer and one of the nation's largest lab testing companies to see if blockchain technology can improve health care data. On Monday, UnitedHealth is announcing the pilot project in conjunction with Kentucky-based Humana, New Jersey-based Quest Diagnostics and a New York firm called MultiPlan.

The Motley Fool
Big Healthcare Companies Jump Into Blockchain -- but Don't Expect Their Stocks to Soar Because of It

Last year, a tiny biotech changed its name to include the word "blockchain" and changed its focus to blockchain technology. The stock promptly skyrocketed -- then its bubble burst, with most of the big gains evaporating. A few days ago, several big healthcare companies announced an alliance for a blockchain effort that could be a much bigger deal than that biotech-to-blockchain roller-coaster ride.

Investor's Business Daily
Blockchain Health Alliance Follows Amazon-Berkshire-JPMorgan Pact

Several major health care companies are exploring the use of blockchain technology to improve the way health care provider data are shared and managed. The partnership follows a separate effort announced in January by Amazon ( AMZN), Warren Buffett's Berkshire Hathaway ( BRKB) and JPMorgan Chase ( JPM) "to address health care for their U.S.

Optum, Quest And Humana In Blockchain Deal To Improve Doctor Directories

An effort to apply blockchain technology to improve inaccurate doctor directories of health plans is the goal of a new partnership between UnitedHealth Group and its Optum unit, Humana, Quest Diagnostics and MultiPlan. The healthcare companies have no plans to develop bitcoin or a form of cryptocurrency.

Healthcare IT News
Healthcare at CES 2018: Blockchain, Blue Button and interoperability among hot topics

LAS VEGAS -- The tech world descended upon Las Vegas this week for the annual Consumer Electronics Show, and plenty of health IT's biggest players were in attendance. While much of the discussion was on consumer-friendly health tools and novel digital interventions, there were still a handful of products and discussions between executives and entrepreneurs focused on healthcare's largest roadblocks - namely, data management and analytics.

Health care groups are using blockchain to improve provider data

Blockchain, the technology behind bitcoin, is creeping into the health care space. A growing number of researchers and companies are finding that blockchain -- a permanent, openly accessible record of transactions -- can make sharing and accessing data more efficient.

Using Healthcare Blockchain to Solve Provider Data Issues

Source: Thinkstock - Healthcare blockchain is expanding as more organizations make moves to implement the technology. Entities are looking toward blockchain to track provider information and reduce administrative costs. Humana, MultiPlan, Quest Diagnostics, UnitedHealth Group's Optum, and UnitedHealthcare announced a collaborative effort to launch a blockchain pilot program.

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