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NEW YORK (360Dx) -- Quest Diagnostics, Optum, Humana, MultiPlan, and UnitedHealth Group are teaming up to use blockchain technology to solve a basic but costly healthcare data challenge: maintaining-up-to-date provider records.

The blockchain project will be aimed at maintaining basic provider details, such as their names, their office locations, contact information, specialty areas and whether they are accepting new patients, according to Lidia Fonseca, senior vice president and chief information officer of Quest Diagnostics.

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