Mytek Logo
MyTek Logo

Blockchain Can Improve Healthcare

by | Feb 22, 2021 | MyTek Blog, Technology


Subscribe To The Blog

By subscribing to the blog, you will be notified when a new blog post is created on the site.

Blockchain Technology is Advancing Health TechnologySecuring patient data is the top security concern facing the healthcare industry today. As such, you would think the healthcare industry would be first in line to implement technology that would greatly enhance it. Unfortunately, this industry tends to lag on the deployment of new IT tools.  So let’s discuss blockchain utilization and how it can change the face of patient care.


The electronic protected health information (ePHI) contains patient data, information shared with insurers, and any other data related an individual’s health record. However, much of the same processes that have been used for decades are still being used, and with the major leaps in security technology and mandates issued from governments, remaining a persistent issue. The most cited reason the industry hasn’t been brought up-to-date not is the cost to develop the infrastructure and support. But a recent study found that the financial services industry could save as much as $15-$20 billion dollars a year by implementing blockchain technology. Couldn’t the Healthcare industry see the same level of savings?

As such, blockchain technology is poised to change healthcare forever. Since blockchain is an immutable and encrypted ledger technology it provides the following benefits:

  • Decentralized Information – The data is not owned by a specific organization and will be readily available to those that require access.  
  • Superior Encryption – A patients data is secured and can’t be changed. If the patients file needs to be updated, a new node is created which amends previous information.
  • Extremely Reliable – Once a patient’s data is entered, it is on the healthcare blockchain in forever. Any information about an individual’s health can be read by looking through the chains history.
  • Improves transparency – It removes patient data responsibility from any organization to maintain their medical records. Allowing for all relevant parties to be on the same page and provides ready access to the patient. 

Though the benefits seem to be clear, blockchain being adopted into the healthcare industry is moving at a glacial pace. We will be keeping an eye on this and provide updates as progress is made.

What do you think? Is have the ability to secure and share your healthcare information with your doctors and providers instantly and without potential bureaucratic errors? Do you think that your healthcare provider does enough to keep your health information secure? Leave your thoughts in the comments section below.

If you happen to be looking for comprehensive security solutions for your healthcare practice, contact us or give us a call at 623-312-2440.




Tim - Team

Tim Tiller, LMSW

Tim Tiller, MSW brings a deep service background to his role at Mytek, having graduated from McDonald’s management training program, fresh out of high school, and working his way up through the ranks in the hospitality industry. He has led two prior companies – Multi-Systems Inc., an IT-focused organization providing technology to hospitality companies (where he was named President at age 36), and most recently, as Chief Operating Officer for Jewish Voice Ministries International.


Subscribe To This Author

By subscribing to the author, you will be notified when a new blog post is created by the author.


How To Keep Company Socialization While Remote Working

While most companies have become pretty comfortable with remote work, there are potential drawbacks that can affect team dynamics. While working online has been able to keep people safe while on task, it has also eliminated small talk and team building that were...

Most Common IT Buzzwords Explained

Have you ever had a conversation with someone who is constantly using terms incorrectly? It can be seriously frustrating to speak to someone that is overusing and wrongfully using words you are familiar with. In the tech world, this is common and rather easy to do....

The New Video Call Features In Microsoft Teams in 2021

Last year was the year of the video call. Video chatting with friends, coworkers, colleagues, full classrooms, and anyone else you have to meet with became the new normal. This new way of living made many tech businesses have to adapt their own video chatting system....

Mobile? Grab this Article!

QR Code

Blog Archive

Share This