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Topic: Why is bitcoin not used in medical billing? - page 4. (Read 2505 times)

sr. member
Activity: 1330
Merit: 326
September 18, 2018, 02:05:08 AM
This is my opinion. why they are not accepting bitcoin or any kinds of cryptocurrency as payment for medical billing and other services. Because bitcoin is not stable in terms of their market value. This is probably the reason, why they are not accepting it. Another thing is, hospital and/or medical institutions are not yet ready to adopt cryptocurrency such as bitcoin.
full member
Activity: 630
Merit: 102
September 17, 2018, 09:46:50 AM
Like in my country almost all the big hospitals are own by the government so it will take government approval of bitcoin for bitcoin to be accepted and use in those hospitals.
newbie
Activity: 70
Merit: 0
September 17, 2018, 09:36:03 AM
in my opinion until now in my country INDONESIA, can't use bitcoin directly to do medical, it must be done through market exchange indodax.com or triv
full member
Activity: 405
Merit: 105
September 17, 2018, 09:34:59 AM
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.

It will takes a really long time. Bitcoin cannot be use as a meducal payments for now because first of all, not all the people are aware to its existence. Also, the bitcoin is really volatile so we cannot say the acurate amount of one of it. Another one, implementing or agreeing to the bitcoin payment in hospitals will take a tons of steps and procedures. Lastly, most of the people aren't fond of using it.
newbie
Activity: 35
Merit: 0
September 17, 2018, 09:22:27 AM
Its not easy t9 go forward for that matter as of now,bitcoin is handling many  circumstances but through that the personels who involves with this crypto always finds a way just to make everything will be.easier and more better .,lets give a bit of space through that matter,and we might dont recognize it will be soon be done.
full member
Activity: 501
Merit: 147
September 17, 2018, 09:11:22 AM
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.


I think it depends upon the company or agency who accepted payment of bitcoin If there is a hospital that aware to adopt bitcoin why not but as of this time multi company and big business agency can accepted bitcoin being as a payment I can't heard Hospital accepted bitcoin payment.
full member
Activity: 756
Merit: 112
September 17, 2018, 09:03:05 AM
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.

We will need first to reach at least small business like in the food industry, mc donalds or coffee bars and the like, the better bitcoin is used in this kinds of processes the more people will get used to it.
sr. member
Activity: 672
Merit: 251
September 17, 2018, 08:10:54 AM
It is pretty obvious that using bitcoin for medical billing have some time to come true.  Bitcoin is not being used even in all kind of trading . First, bitcoin must be used in everywhere then It must be use for medical billing.
hero member
Activity: 1274
Merit: 500
Proof-of-Stake Blockchain Network
September 17, 2018, 07:48:10 AM
Lately, a lot of projects have appeared in the field of healthcare, but they are launching their coins and most projects do not give bad results.
newbie
Activity: 43
Merit: 0
September 14, 2018, 02:48:57 AM
Bitcoin can not use in medical billing because bitcoin is not legalized worldwide. Actually hospital is like our bank they will not accept it if it is not legal in our country.
newbie
Activity: 126
Merit: 0
September 13, 2018, 10:33:31 PM
I think bitcoin will have to achieve some level of stability both in price and time for confirmation. It will be bad to pay some bills and while waiting for confirmation from the bitcoin network, and prices suddenly drops, leading to drop in the value of fund received. I think is a matter of time before acceptance.
newbie
Activity: 116
Merit: 0
September 13, 2018, 10:22:53 PM
For now bitcoin has its limited interms of government agencies, but i think the develophers in any ICOS in cryptocurrency looking forward for that matters, but the only way to have it is to be regulated by the government for future concerns.
member
Activity: 448
Merit: 10
September 13, 2018, 09:35:31 PM
Maybe not now, perhaps soon for the development of bitcoin and cryptocurrency industry. I think if the bitcoin will upgrade its features, this will probably possible to happen.
hero member
Activity: 1008
Merit: 501
September 13, 2018, 09:30:19 PM
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.
Well, I think that depends on who owns that health sector you are working at either it is a public sector that is run by government  or private one that knows nothing about Bitcoin or let me just say they knew Bitcoin but were afraid to accept it as form of payment due to volatility. I know that we are near to reality where private establishments will start to accept Bitcoin payments in a country where we are living.
Yeah I think there's no obstacle to using bitcoin as a currency or payment option for anything. as long as they want to accept payment with bitcoin? yeah because currently bitcoin hasn't been legalized. certainly not many people accept bitcoin. so for now it depends onwner. are they wants to accept bitcoin or not?
member
Activity: 532
Merit: 17
September 13, 2018, 08:59:34 PM
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.

Because there are only a few or no health companies using btc, some company with health service were holding ICO to collect the funds capital for their company. You can see Docademic is one of them.
It is not 'bitcoin not used in medical billing' as your title said, but it is 'not yet'. I believe in the future many of us will using btc and crypto to paying everything.
jr. member
Activity: 196
Merit: 4
September 13, 2018, 12:49:08 PM
Same here. I think that out of everything that bitcoin is used for, medical billing is something that will benefit more from it. However I understand why bitcoin is not used for it yet: bitcoin is very unstable and unpredictable. If the time comes when bitcoin finally has a more stable price, then it can be used in medical billing. I suppose it will be beneficial for both the medical billing company and their clients, right?
sr. member
Activity: 532
Merit: 250
September 13, 2018, 12:41:43 PM
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.
Because in hospital bills sometimes they need real payments while bitcoin prices are unstable. there are currently no regulations and policies that anticipate the price or value of bitcoin in terms of a decrease or increase. That is why medical institutions or other companies even banks in the government still do not have a way to accept Bitcoin as a payment instrument in government-owned public facilities.
copper member
Activity: 336
Merit: 1
September 13, 2018, 12:31:04 PM
It is not being used in medical billing because its not yet a global currency.
Not many people know about bitcoin and its potentials, which is tge reason for its low adoption rate.
I believe by the time bitcoin is generally accepted by the public, we can then use it for medical billing and any ither financial transaction.
newbie
Activity: 14
Merit: 0
September 13, 2018, 12:23:10 PM
Bitcoin is a virtual money till now also its value keeps on fluctuating which cause much risk in market moreover its not official by the government of any country so thats why it cannt be used for medical billing.
full member
Activity: 616
Merit: 100
September 12, 2018, 07:26:25 AM
maybe because bitcoin takes too long to wait for the block to be confirmed, besides that bitcoin is also not a flexible payment tool, people prefer the easier one

There are still many things that need to be fixed from Bitcoin and other usability benefits so Bitcoin cannot be used in this regard.
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