Blockchain in Healthcare

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I do not think the healthcare industry is going to adopt blockchain for complete medical record exchange anytime soon though. There are some use cases in which there are value adds into that aren't kind of too much for a healthcare organization to swallow, particularly if you can hide away a lot of the complexities behind the scenes. It's just too much. Like we're still on the fax machine, right? That is the current state of data exchange and healthcare is most data is exchanged by fax machine today still. Yeah. So you got to get to APIs and platforms and then you can start thinking aboutBlockade.

This week, we’re super excited to chat with Troy Bannister, CEO and Co-Founder of Particle Health, a user-friendly API platform shaping the new standard for healthcare data exchange. Founded in 2018, Particle Health’s comprehensive API uniquely combines data from 270 million plus patients’ medical records by aggregating and unifying healthcare records from thousands of sources. With this approach providers are able to easily obtain clinical data points without complex technology integrations, putting actionable patient health data at their fingertips.

In this episode, we learn about Particle Health’s founding story, define healthcare data access and frameworks and the regulatory tailwinds for healthcare data access in the broader healthcare system. Is healthcare ready for the blockchain? We find out here!

Particle Health raised $25M to accelerate their platform growth from Canvas Ventures. The financing brings the organization’s total capital raised to $39M.