Healthcare tech consortium Synaptic Health Alliance has announced the addition of its newest member, ProCredEx, a blockchain health credentialing company.
The Alliance also announced the expansion of its provider data management initiative to Colorado, Florida, Michigan, and New York.
Started in Texas in 2018 by Aetna, Humana, MultiPlan, Quest Diagnostics and UnitedHealth Group, the Alliance aims to solve healthcare industry challenges through blockchain technology.
With the addition of ProCredEx, the Alliance now has 11 members, having also added Centene, Cognizant, CorVel, Prime Health Service and Providence.
Blockchain functions as a secure, traceable, and nearly instant way to synchronize information across multiple sources.
Through the "provider data exchange" pilot project the Alliance set up, which is enabled by blockchain technology, its members were able to find and update certain demographic inaccuracies in health plan provider directories faster than they would on their...
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