Case Study: a mid-scale hospital network achieves faster claims, billing, and consent automation with NetSet Software’s blockchain smart contracts

a mid-scale hospital network cuts claim approvals from 7 days to 48 hours with NetSet Software

A mid-scale hospital network was facing significant challenges with its manual and fragmented healthcare operations. The hospital struggled with delays in insurance claims processing, errors in billing, poor patient consent management, and unorganized medical records, all of which created compliance risks. To solve these problems, they consulted NetSet Software for a blockchain-based solution utilizing smart contract technology.

NetSet Software implemented a system of smart contracts to automate the hospital's workflows. The solution provided instant insurance claim approvals, automated digital consent, accurate smart billing, and tokenized medical records for secure sharing. This resulted in claim approvals being cut from 7 days to 48 hours, billing accuracy improving by 93%, and patient satisfaction rising by 40%.