Healthcare Blockchain Interest Heats Up: Black Book Survey

TAMPA, Fla., Oct. 3, 2017 /PRNewswire/ -- Black Book(TM) conducted a Q3 survey of 88 healthcare payer and 166 provider technology, security executives, managers and IT specialists to deliver a better comprehensive of current and planned enterprise deployment of blockchain solutions.

The survey also pursed to meter the level of organizational investment in healthcare blockchain technology and ascertain which companies were consider having the strongest healthcare industry expertise and credentials.

1. Understanding of healthcare blockchain has developed dramatically

Black Book determined that 19 percent of all responding hospital executives and 88 percent of payers were either considering deploying, or were in the process of implementing blockchain solutions.

This striking swell in blockchain awareness was market by 29% of hospital leaders and 73% of health insurance executives now having a working understanding of blockchain.

"Actual breaches and cybersecurity events have boosted CIO readiness significantly as compared to last year's survey," said Doug Brown, Managing Partner of Black Book.

"Executive blockchain education has shifted from Blockchain 101 to selecting the appropriate healthcare blockchain technology protocols."

2. Healthcare Blockchain Integrations to skyrocket in 2018

Black Book found that all survey-responding payers with plans of 500,000 members are actively considering deploying or were in the process of deploying blockchain in Q4 2018 and 20% are involved in trial deployments in some form.

68% of payers expected blockchain to be integrated into their systems by the end of 2018 but only 12% of provider health organizations and systems have firm plans to implement blockchain by then.

The undetermined cost of blockchain solutions causes 88% of provider leadership respondents from committing to a time frame for deploying blockchain in Q3.

95% of hospital and medical group IT specialists and management agree that blockchain will resolve and expedite most concerns of interoperability and patient record sharing.

3. Ten vendors boast the strongest healthcare credentials

Based on research and recommendation of both providers and payers considering blockchain initiatives in 2018, Black Book respondents who were either deploying, or considering implementing blockchain, we instructed to rank providers based on their impressions of presentations and offerings to date.

"The vendors named in the survey suggest that increased awareness of blockchain's capabilities leads to a greater understanding of the scale of potential hurdles in healthcare organizations specifically," said Brown.

The top mentioned healthcare chain vendors include:

POKITDOK

TIERION

YOUBASE

BLOQ

GUARDTIME

BURST IQ

HEALTHCOMBIX

BLOCKCHAIN HEALTH

IBM BLOCKCHAIN

HASHED HEALTH

About Black Book

Black Book(TM), its founders, management and staff do not own or hold any financial interest in any of the vendors covered and encompassed in the surveys it conducts. Black Book reports the results of the collected satisfaction and client experience rankings in publication and to media prior to vendor notification of rating results and does not solicit vendor participation fees, review fees, inclusion or briefing charges, consultation requirements, and/or vendor collaboration as Black Book polls vendors' clients

Since 2000, Black Book(TM) has polled the vendor satisfaction across over thirty industries in the software/technology and managed services sectors around the globe. In 2009, Black Book began polling the client experience of now over 590,000 healthcare software and services users. Black Book expanded its survey prowess and reputation of independent, unbiased crowd-sourced surveying to IT and health records professionals, physician practice administrators, nurses, financial leaders, executives and hospital information technology managers.

For methodology, auditing, resources, comprehensive research and ranking data see: http://www.blackbookmarketresearch.com

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SOURCE Black Book Research