Case Study: Synaptic Health Alliance achieves accurate, shareable provider data and reduced administrative costs with Kaleido's blockchain platform

Synaptic Uses Blockchain to Solve Healthcare's Toughest Problems

Synaptic Health Alliance, a coalition of healthcare leaders including Aetna, Humana, MultiPlan, Quest Diagnostics and UnitedHealth Group, faced a fragmentation problem: provider demographic data lived in many separate IT systems, creating duplication, poor data quality and industry costs estimated at $2.1 billion annually. To address this, Synaptic partnered with Kaleido and adopted Kaleido's blockchain platform to pursue a cooperatively owned, synchronized provider data exchange.

Using Kaleido's platform, Synaptic built a distributed ledger to collect and share provider demographic changes across members, improving data accuracy and shareability. Kaleido’s solution removed silos, reduced administrative friction and helped streamline operations—outcomes Synaptic cites as lower administrative burden, reduced costs, improved access to care and the launch of new collaborative initiatives.

Synaptic