Session ID: 
132

Distributed Ledger Technology Is Transforming Credentialing

10:00am - 11:00am Wednesday, March 11
Orlando - Orange County Convention Center
W414A

Description

Credentialing healthcare practitioners has long been a tedious, redundant, and inefficient process. Delays in this work often results in hundreds of thousands of dollars in forfeited revenues for every practitioner hire. With the advent of distributed ledger technology (DLT), trusted networks are being formed that allow organizations to greatly streamline and simplify this work. This lecture will explain the journey undertaken by ProCredEx in the development of this network, the lessons learned, successes, and best practices other large consortia should consider in the development of other DLT solutions.

Learning Objectives

  • Identify the components and attributes of a successful distributed ledger network application
  • Describe the attributes of applications or use cases *not* well suited for distributed ledger technology
  • Calculate the impact on net revenue by reducing credentialing cycle times by 20% within a healthcare organization hiring/contracting 100 new physicians annually
  • Illustrate the synergies and differences between "identity" and "credentialing" solutions
  • Describe the importance of "contextual relevancy" as it applies to occupational credentialing

Speaker(s)

CEO,
Professional Credentials Exchange LLC

Continuing Education Credits

ABPM
1.00
CAHIMS
1.00
CME
1.00
CNE
1.00
CPHIMS
1.00

Audience

CIO/CTO/CTIO/Senior IT
Chief Quality, Chief Clin Transformation Officer
Healthcare Financial Professionals

Level

Intermediate