NASHVILLE, Tenn. & ANN ARBOR, Mich.--(BUSINESS WIRE)--Altarum Institute today announced it will join healthcare innovation firm Hashed Health’s work group to advance payment solutions using blockchain and distributed ledger technologies. Under the agreement, Altarum will partner with Hashed to continue work on building distributed networks to drive alternative payment models and models that connect payment with benefit design.
“There are operational roadblocks to implementing health care payment and benefits models, which can be overcome with blockchain technology,” said François de Brantes, vice president and director of Altarum’s Center for Payment Innovation. “We are excited that by collaborating with Hashed Health we can imagine, develop and bring groundbreaking solutions to market and propel the implementation of alternative payment models far further than they otherwise could.”
The Hashed Health team of health technology veterans collaborate with the members of product-specific network work groups on the planning and development of applications using distributed ledger technologies. Hashed Health provides services including blockchain expertise, product development, network development and support services.
“The addition of The Altarum Institute to our community brings Hashed together with one of the world’s thought-leaders in payment innovation and sustainable health spending,” said John Bass, CEO of Hashed Health. “Our combined expertise will play an important role in advancing new, sustainable payment and benefit solutions in healthcare.”
Altarum joins the growing global network of partners which is quickly becoming an innovation hub for collaborative networks in healthcare using distributed ledger technologies.
About Altarum Institute
Altarum Institute’s (www.altarum.org) mission is to create a better, more sustainable future by applying research-based and field-tested solutions that transform our systems of health and health care. Altarum employs approximately 450 individuals and is headquartered in Ann Arbor, Michigan, with additional offices in Portland, Maine; Silver Spring, MD; Rockville, MD; and Washington, D.C.
About Hashed Health
Hashed Health is a collaborative healthcare innovation firm dedicated to realizing the potential of blockchain and distributed ledger technologies. Hashed Health brings together work groups to develop networks centered on specific healthcare use cases. To empower its members, Hashed Health provides value-added services such as network product management, product development, regulatory guidance and technology support services. Hashed Health focuses on blockchain implementations to address a range of well-known issues in healthcare including IoT, revenue cycle management, payment reform, medical records, insurance and healthcare supply chain logistics. More information can be found at http://www.hashedhealth.com/ or by emailing firstname.lastname@example.org.