025: Blockchain, The Newest Health Technology Frontier – Dr. David Randall, Ph.D.


On this episode, Dr. David Randall and Nathan discuss how blockchain and Solve.Care will help revolutionize the healthcare industry. We talk the good, the bad, and the ugly of the health IT landscape and how blockchain can fix it.

Dr. David Randall currently serves as Executive Director and is Resident Scholar with the American Research and Policy Institute in Washington, DC. and as Senior Policy Advisor at Solve.Care. Dr. Randall has extensive experience as a former top insurance regulator, legislative staff member, health care lobbyist, consultant and executive with not only insurance companies, but also with several provider trade groups in Washington. He has testified before both U.S. House and Senate committees of Congress on a variety of health policy issues He also has over two dozen peer-reviewed and professional publications as well as book chapters on health information technology, health care entitlements and the policy process surrounding health care reform. He received his Ph.D. from Kent State University.

Solve.Care is a global healthcare platform on blockchain that will reduce administrative costs and increase healthcare efficiency. Through effective care coordination, the platform can improve health outcomes while empowering the consumer to effectively manage their healthcare decisions. Also, Solve.Care replaces duplicative systems and automates complex processes to reduce billions of dollars in annual costs. It represents an innovative new approach to fight fraud, waste and abuse and brings transparency and accountability to healthcare administration.

Learn more and connect with Dr. David Randall at Solve.Care’s website or learn about his research and work at the American Research and Policy Institute HERE.

Subscribe to the Podcast: Apple Podcasts | Android | Google Play | Stitcher | TuneIn | RSS
More about The Future of Healthcare: Website | Facebook | Youtube | Instagram | Twitter

Shownotes:

  • Interview begins [4:15]
  • David Randall’s background [4:50]
  • Exciting work that he’s currently doing right now [5:53]
  • His relationship with the Self Care Foundation [6:52]
  • The work they’re trying to do with Solve.Care [7:41]
  • The problems that they are aiming to solve [9:39]
  • His thoughts about the implementation timeline of blockchain [9:20]
  • What is CAN Token? [12:15]
  • Who will be the consumers of the CAN Token? [13:27]
  • Experiences that led him to where he is today [13:50]
  • Where is Solve.Care trying to implement its platform? [15:08]
  • What competitors are Dr. Randall and Solve.Care competing against? [17:02]
  • Who will be the first implementors of blockchain? [18:03]
  • The good, the bad, and the ugly that he sees right now. [18:54]
  • David Randall’s thoughts on ACA. [20:36]
  • Comparing US health systems policies to other health systems around the world. [24:17]
  • How would he fix some of the problems of our current health system? [26:48]
  • What is a Health Saving Account and how do they work? [28:33]
  • No adverse health outcomes were seen in studies about the use of HSAs. [30:43]
  • The burden of health administration. [32:26]
  • The next step they’re making at Solve.Care. [33:47]
  • Blockchain is a crucial tool that can be used against healthcare fraud. [34:33]
  • How fraud can be prevented with blockchain. [39:32]
  • The thing that he would change about the future of healthcare if he had all the power of in world [42:43]
  • Word of advice for the next generation of healthcare leaders [45:50]
  • End of the interview [46:35]

Links:

Solve.Care website – Solve.Care
American Research and Policy Institute Website – arapi.org

Leave a Reply

%d bloggers like this: