Lumedic, Seattle Blockchain Startup Gets Acquired By Providence St. Joseph Health To Promote The Use Of Blockchain Technology In Healthcare
Providence St. Joseph Health, is a non-profit organization that has recently declared its interest in blockchain technology by acquiring a blockchain startup that is based in Seattle, Lumedic. Founded in 2018, Lumedic uses blockchain technology to reinvent the flow of financial operations in the healthcare sector. The company intends to increase transparency and speed in claims and billing processes in the healthcare sector.
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