Blockchain, Telehealth Promise More Efficiency as Healthcare Looks to Bounce Back From COVID-19

Thanks to emergent technologies, though, relief may be at hand. Blockchain and telehealth are changing the way healthcare does business, and their increasing maturity has created an opportunity to change the status quo.

The pandemic has acted as an accelerant of sorts for the development and evolution of these technologies, and they're poised to take on greater prominence as the pandemic slowly fades.

Blockchain, in particular, with its notion of a distributed ledger, allows a level of interoperability that doesn't yet exist in any wide-scale form. Interoperability – the ability for disparate electronic health records systems to communicate with one another – has long been seen as a holy grail in healthcare.

Realizing that goal will bring a heightened level of efficiency to the system, from payment mechanisms to the ability of patients to get data and services in real-time.