Formed in 2017 by some of the largest companies in healthcare, the Synaptic Health Alliance was among the first of its kind to launch a large-scale blockchain technology pilot.
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.
Our technology partner: Kaleido
Kaleido is an award-winning SaaS platform making blockchain and digital assets radically simple for organizations to adopt. Leading global blockchain consortia are in production today on Kaleido, accelerating the digitization of their critical business processes and adoption of digital asset technologies across their industries.
Kaleido uniquely provides security, compliance, and scalability for the most stringent enterprise requirements within highly regulated industries. Kaleido’s platform is ISO27K and SOC 2 Type 2 certified with built-in high availability and disaster recovery, achieving 99.99% uptime over the past 4 years.
