Integration of RPA and Blockchain for Pharmaceutical and Healthcare Industry

Abstract

In this era of digital transformation, every day new disruptive technology is emerging, and the business need to adapt to these technologies. Pharmaceutical and Healthcare industry is always overwhelmed by towering costs, incredibly high volume, and demanding regulations. These defiance leads to the quality and urgency of drugs and patient care. In healthcare organizations, there are many repetitive processes, and the decision-making responsibility lies solely on how correct the data is. For example, patient onboarding and follow-ups, medical billing and claims processing, generating reports for physicians and prescription management are some of the repetitive tasks that are common across all healthcare organizations. These are among the factors that create the perfect environment for robotic process automation (RPA) to increase efficiency, reduce costs and improve the patient experience. The demand for Robotic Process Automation in the healthcare industry is only to rise, with the global market size. Healthcare, customer service, supply chain management, accounting, human resources & financial services are some areas disrupted by RPA in healthcare. RPA and blockchain are emerging technologies and have the potential to change how industries work. Both technologies can impact almost every sector out there. We can see use-cases of RPA and Blockchain in industries such as retail, insurance, finance, government, healthcare, and so on.