What We Do
HealthChain is utilizing blockchain technology to revolutionize the medical device industry. By using blockchain to facilitate better collaboration between medical device companies and hospitals around the common goal of reliable and timely delivery of devices to patients. HealthChain solves the problem of the outdated, time sensitive and expensive medical device supply chain currently in place.
Transparent
Network participants have 24/7 real-time access to data records.
Tamper-Proof
All data records are immutable.
Time-Stamped
All data records are sequenced and traceable to prior related data.
Accountability
All supply chain counterparties can be held accountable through a permanent immutable record.
Efficiency
Smart contracts, including automatic reordering, minimize supply chain friction enhancing efficiency and costs.
Cost Savings
Hospital, suppliers and the healthcare system as a whole save costs by improving processes and product utilization.
$398
Billion
SIZE OF GLOBAL MEDICAL DEVICE MARKET
$159
Billion
SIZE OF US MEDICAL DEVICE MARKET
$25
Billion
ESTIMATED HOSPITAL SAVINGS FROM IMPROVED SUPPLY CHAIN
$5
Billion
ESTIMATED SAVINGS BY ELIMINATING SUPPLY CHAIN WASTE AND ENHANCING EFFICIENCY