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Moving Beyond Proof of Concept and Pilots to Mainstream: Discovery and Lessons from a Reference Framework and
Sathya Krishnasamy1, Badri Narayanan Gopalakrishnan2
1Emerging Technologies Consultant and President, Engineering, Emerging Technologies, ChainAim, Newington, Connecticut, USA.
Blockchain in Healthcare Today
|January 8, 2024
Summary
Blockchain technology offers transformative potential for healthcare, but widespread adoption requires overcoming practical barriers. This study analyzes critical success factors and introduces a framework to scale blockchain from pilot to production in health systems.
Area of Science:
- Health Informatics
- Information Technology Management
- Blockchain Technology Applications
Background:
- Blockchain technology presents a radical innovation with potential to revolutionize business structures and processes, particularly in finance.
- While blockchain offers significant advantages like faster, cheaper transactions, its adoption in healthcare remains limited despite numerous proofs-of-concept.
- Enterprise-scale blockchain applications in healthcare are scarce, hindering transformative process changes and efficiencies.
Purpose of the Study:
- To analyze critical success factors for blockchain adoption in healthcare from existing literature.
- To provide practitioner insights on scaling blockchain from pilot projects to production environments.
- To introduce a framework for systematic, scalable, and future-proofed blockchain implementation in healthcare.
Main Methods:
- Literature review of 24 articles on blockchain in healthcare to identify key inflection points for scalability.
- Analysis of practitioner perspectives on overcoming barriers to enterprise-level blockchain adoption.
- Development of the blockchain discovery framework for systematic implementation and a reference case study.
Main Results:
- Identified critical success factors and practical barriers hindering large-scale blockchain adoption in healthcare.
- Highlighted the need for a multifaceted execution framework to address challenges in disparate health systems.
- Presented a reference case study demonstrating a scaled, reimagined healthcare administrative process using the framework.
Conclusions:
- A systematic, multifaceted approach is crucial for overcoming practical barriers to scaling blockchain in healthcare.
- The blockchain discovery framework offers a structured method for mainstreaming this technology in healthcare operations.
- Increased enterprise adoption of blockchain in healthcare is anticipated, benefiting executives and portfolio managers.
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