PHILADELPHIA, Dec. 12, 2018 /PRNewswire/ -- Announced today at the Global Forum in Basel, Switzerland, HealthVerity has joined Hyperledger, an open source effort created to advance cross-industry blockchain technologies. Hosted by The Linux Foundation, Hyperledger is a global collaboration comprised of leaders in finance, banking, IoT, supply chain, manufacturing and technology. HealthVerity has now aligned itself with an exclusive group of healthcare companies including Aetna, Change Healthcare and Eli Lilly & Company as well as other leading organizations such as Accenture, American Express and J.P. Morgan, all of which are existing members of the community.

Distributed ledger technology holds significant promise for the healthcare industry which is impacted by fragmented and disparate transactional data that can affect real-time outcomes. HealthVerity Consent, the latest HealthVerity solution built on distributed ledger technology, is equipping organizations with the ability to consolidate and manage all individual patient and provider permissions (opt in, opt out, HIPAA consent) in one centralized platform to comply with fast-moving privacy requirements. Through blockchain, HealthVerity Consent has made it possible to deploy a solution where privacy permissions can be stored and managed as secure, immutable records only accessible by authorized parties.

"Hyperledger is leading the efforts to put blockchain into production in the enterprise," said Brian Behlendorf, Executive Director, Hyperledger. "Adding HealthVerity and its expertise to our community only propels our goal to increase adoption of blockchain across various industries. HealthVerity is focused on bringing novel technology built on blockchain to the healthcare industry, and we're thrilled to work with them on future contributions."

"HealthVerity is honored to join Hyperledger to help build and advance the development of open source blockchain technology within the healthcare industry," said Andrew Kress, CEO of HealthVerity. "We've successfully used Hyperledger Fabric as part of HealthVerity Consent and as we continue to build and transform how the modern healthcare enterprise manages and governs permissioned consent, we look forward to the support and technical foundation of the Hyperledger community."

About HealthVerity

HealthVerity is transforming the way data-led organizations are making critical decisions. Our technology platform serves as the foundation for the rapid creation, exchange and management of healthcare and consumer data in a fully-interoperable, privacy-protecting manner. Advantaged by highly sophisticated identity resolution and matching solutions, HealthVerity is on a mission to increase transparency and activate deeper insights across the healthcare industry. For more information, visit www.healthverity.com.

Contact
Abigail Stockwell
Director of Marketing, HealthVerity
astockwell@healthverity.com
856-562-7413

SOURCE HealthVerity