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Topic: Why is bitcoin not used in medical billing? - page 11. (Read 2505 times)

legendary
Activity: 1666
Merit: 1196
STOP SNITCHIN'
I am a person working in the health sector. ~

then why don't you start from yourself?

that is the problem with most cases who ask about adoption, everyone should start from their own. start accepting bitcoin as payment, start asking people to pay you as payment (like asking your employee), start spending your bitcoin wherever you can, start asking others to accept bitcoin payments.

From the sound of it, he’s not a practitioner, just someone who works in healthcare. I think my employer would laugh me out of the room if I told him to accept Bitcoin. Smiley

I’ve definitely read about some sole practitioner attorneys or small law firms taking BTC. Not doctors, though. Healthcare is very corporate where I’m from — not likely to accept BTC. But the fact that I’m seeing acceptance among other professionals and also for things like real estate tells me that adoption is ramping up.
sr. member
Activity: 658
Merit: 254
For campaign management, please pm me.
There are alot of ICO working for that particular use. Bitcoin still needs some endorsement and support to be able to do that. Even bitcoin is still not accepted in some stores, I think thatvis the tirst step before yo7 can see this on hospital bills. That will he the more advance use of btc and crypto in the near future, which will be a result of pure hardwork and support.
hero member
Activity: 1274
Merit: 516
Not all governments are ready to accept bitcoin yet and bitcoin hasn't fully suitable for currency due to its volatility, the transaction amount of medical billing is huge, if bitcoin price fall down a little, itw will hugely affected, but in the future I think there will be implementation to that area, some of the alt coins already launch the project to cover health and medical expenses using the coin, and medical is a vital sector, it will be great if crypto could cover this sector
member
Activity: 560
Merit: 11
very good expectations, many people expect bitcoin used for every transaction, bitcoin spreads in our lives, bitcoin becomes a balancing of a country's economy, but to realize it all is not easy, and takes a long time.

I always analyze that when many countries start creating and receiving crypto, it is a sign that bitcoin will be accepted by the world in the near future.
full member
Activity: 518
Merit: 103
Well it's true that bitcoin still cannot be used for medical billing, however there are already altcoins doing such like Docademic, they use block chain in order to use for payment, also block chain technology is becoming a wonderfuo innovator for most healthcare companies just like united health group, they are already hiring developers to help them create a block chain, however this will not be in a form of ICO rather just information of the members or subscribers that they and other health carr systems have, in the future, we might see crypto currency being used as means of payment for healthcare.
full member
Activity: 616
Merit: 105
because there is no official statement of bitcoin can be used for medical billing, until now that I know bitcoin only for the investment
newbie
Activity: 22
Merit: 0
Bitcoin is still growing and with new projects coming into the blockchain technology, that time will come when bitcoin is used in the payment of hospital bills and other bills. As at now, we have some projects who accept their altcoins in the payments of some healthcare deliveries and I believe in a time to come, bitcoin will be integrated in those projects too.
newbie
Activity: 90
Merit: 0
It is a good thing to use Bitcoin in a work like a medical, but it will take a lot of time to make it and have to make many policies. The government and the banks must meet Bitcoin and work together in different non-government organizations.
full member
Activity: 406
Merit: 102
I support this kind of involvement of technology to health. I was actually waiting for such idea but all we can do is wait until the government settle things out. I think cryptocurrencies are only focused on economics, trading and earning. I am hoping for a broader perception of the fast transactions. It would be really great to see this technology be involved in medical area.
newbie
Activity: 112
Merit: 0
It requires investment to get to that period. All things considered it doesn't make a difference when your working environment office can get installment with bitcoin. Until further notice the choice is as yet private so it isn't conceivable there will be mediation from different gatherings. Not at all like when the administration has settled on a choice by influencing the control, it to will be altogether different from what will happen later.
full member
Activity: 299
Merit: 100
I am a person working in the health sector. I am looking forward to one day co-bitcoin be used to pay for medical examination and treatment and health care services.
That would be great coz it will increase the demand for bitcoin. But maybe they still see BTC as a variable that may effect their monthly profit. We couldn't convince them that this is more efficient coz there's already online banking and also debit/credit card that could be use for paying. And if you have BTC and you wish to use it to pay your medical expenses, you could encash it and use it as you wish or convert it into cash deposit it on your account, you can do these things online (but still depends on your country).
newbie
Activity: 116
Merit: 0
i think it is still developing so we can hope that it would happen very soon.
newbie
Activity: 104
Merit: 0
bitcoin is not suitable as a means of payment like that, we know that bitcoin prices are unstable. much remains to be done by the government if bitcoin is used as a legitimate transaction tool, and it will also take a long time to make it happen.
sr. member
Activity: 484
Merit: 250
I am a person working in the health sector. I am looking forward to one day co-bitcoin be used to pay for medical examination and treatment and health care services.

The problem is not when bitcoin is used for that purpose. At present, many ICO projects have been developed to support and care for the public. Instead of using bitcoin, you can use the currency of such projects.
newbie
Activity: 70
Merit: 0
those days are not so far when we will going to witness this.
jr. member
Activity: 79
Merit: 1
It doesn't because hospitals need cash to retain medical products. And they can only buy them through cash. Some are also influenced by the rumors about Bitcoin is a scam. And so a lot doesn't want to risk anything for something they're not sure about. They might say "to see is to believe".
newbie
Activity: 81
Merit: 0
See in my opinion , Bitcoin is still in the development phase and it will be great if Bitcoin will be used in Medical Line and it starts accepting bitcoin against medical billing. but i think for now it is not used in medical billing just for the only reason that prices of Bitcoins are not stable.
sr. member
Activity: 742
Merit: 251
PRIVATE FEDERATED BLOCKCHAIN
I am a person working in the health sector. I am looking forward to one day co-bitcoin be used to pay for medical examination and treatment and health care services.
in medical payments using bitcoin I think that's hard to happen, for a reason the bitcoin price is not as stable, unlike the typical banknotes, but there are some countries that have made payments using bitcoins.
hero member
Activity: 1190
Merit: 534
I believe that Bitcoin is still in the basic phase of development and hence there is a high amount of volatility when it comes to the price but in the medical sector, it is risky to use anything like it because in case of emergency we might not get the value from it as much as we are expecting. It might create some problems at the billing stage when the time is the crucial element and we cannot afford to lose time just because technical issues and thus there is not much usage of Bitcoin in medical industry at this stage.
newbie
Activity: 74
Merit: 0
In hospital bills sometimes they need to pay tangible and with electronic money due to lack of regulations and policies there is still no stranglehold on the price or value of bitcoin in case of reduction or increase.
The easiest way to let people know what bitcoin is when the government starts making electronic money.
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