Atlanta, Georgia – May 17, 2017 – HSBlox, a technology company bringing innovation and transparent economics to the healthcare ecosystem, today announced a partnership with MarkLogic Corporation. The alliance provides joint customers with the industry-leading benefits of HSBlox’s expertise in building modular healthcare solutions on top of blockchain, using the MarkLogic® Enterprise NoSQL database platform. Together, HSBlox and MarkLogic can help healthcare payers, providers, financial institutions, vendors and consumers dramatically improve business processes, create 360-degree views of patients/members, eliminate fraud, and provide a single record of truth for transactions in real-time, while reducing costs by combining their data from multiple silos into one single, powerful operational database.
“To remain competitive and compliant, the healthcare industry as a whole is under tremendous pressure to innovate and streamline processes quickly, but their legacy IT systems are simply not capable of keeping up with the demand. Our customers are looking for new leading-edge solutions that enable them to respond to market and regulatory changes faster, holistically manage patients’/members’ records, and more effectively manage billing and reimbursement processes, all within a highly secure data environment,” said Rahul Sharma, CEO, HSBlox. “MarkLogic’s Enterprise NoSQL database platform combined with our innovative solutions that are built on Distributed Ledger Technology give the industry the edge it needs to address consumer expectations, interoperability challenges, and automate complex multi-party processes.
“Gone are the days when enterprises can wait six to twelve months to get actionable insights from their data. In today’s always-on, data-driven marketplace, consumers are demanding a faster, more intuitive experience – making it essential that enterprises have the ability to efficiently extract business-critical insights from their data to provide them with the best possible service. With the unique combination of NoSQL’s flexibility and enterprise-hardened features like ACID transactions and enterprise-grade security, MarkLogic is the next-generation database optimally suited to solve the marketplace’s complex data challenges,” said Bill Fox, vice president, life sciences and healthcare, MarkLogic. “Partnerships with companies like HSBlox are critical in that they have the deep expertise in designing solutions for the healthcare industry that meet their unique needs, driving better business results for our customers.”
Using the HSBlox Distributed Ledger Technology Platform, healthcare stakeholders will improve interoperability, accelerate innovation, and effectively maintain compliance. HSBlox solutions solve some of the industry’s toughest challenges in the areas of consumer engagement, value-based reimbursement, and alternative payments models.
HSBlox is a technology company dedicated to bringing innovation and transparent economics to the healthcare ecosystem. Through its leading-edge products that are built on Distributed Ledger Technology Platform and expertise of its management team, HSBlox is delivering cutting-edge solutions. For more information, please visit www.hsblox.com.