By creating and expanding a provider data exchange—a cooperatively owned, synchronized distributed ledger to collect and share changes to provider data, starting with its decentralized provider data directory, the alliance is now a shared resource of more than two million records collectively managed by payers, providers, and data suppliers.
Today, the alliance is streamlining administrative burden, helping reduce costs, and improving access to care by applying advanced blockchain approaches that eliminate friction between providers and payers.
Synaptic is exploring many potential uses for blockchain in healthcare, focusing on its goal of improving patient, provider, and payer experiences and driving cost inefficiencies out of healthcare.
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