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Topic: Why is bitcoin not used in medical billing? - page 9. (Read 2505 times)

sr. member
Activity: 700
Merit: 257
Hopefully in the next few years, the medical field or literally just anything money-related will recognize bitcoin or at least cryptocurrencies in general as payments. There is quite a number of users, and is able to grow even more, of bitcoin. Main problem is its difficulty to spend it as for its volatility.
It will finally have in the coming years to come, so we don't need to worry about it because for sure there are already people or company who sees this kind of opportunity and to put it in a medical billing, it will really have if we will just have the patience of waiting.
member
Activity: 238
Merit: 11
Hopefully in the next few years, the medical field or literally just anything money-related will recognize bitcoin or at least cryptocurrencies in general as payments. There is quite a number of users, and is able to grow even more, of bitcoin. Main problem is its difficulty to spend it as for its volatility.
member
Activity: 378
Merit: 10
Decentralized Continuous Audit& Reporting Protocol
It will be nice to get to that extend, but my question to you is how many individuals are holding bitcoin, you cant initiate something that only very few people  will be available for such service. A time will come that your genuine initiative will come to existence
full member
Activity: 481
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.
It will take a long time for bitcoin to be used for billing in micro-transactions such as grocery, shopping, paid services, and health or medical billing. It is possible and we're slowly approaching this dream. It would take a long time, but at least it is possible and it is currently happening. We just have to give support to bitcoin and aim for the best.
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
It takes a lot of time, effort of the government and hospitals, regulation of the currency or bitcoin and acceptance of the citizens
As i mentioned the following the hardest part here is the regulation of bitcoin, it will surely take years or even decades for the bitcoin to be regulated and things might change in the future so who knows. Not just in hospitals but in any other establishments
Reality wise, this problem is seriously affecting the adoptions of this system, regulation coming from different government will break the real essence of anonymity, maybe government might need to create another crypto to cater that particular venue and use blcokchain for much better results, bitcoin will
take a lots of time before it can be decided by the govern bodies if they can allow anonymous transactions from their ruling government.
newbie
Activity: 168
Merit: 0
I believe the prompt decentralization of things on people does not really sink down into effective use but we hope with time as the fraternity of bitcoin is growing day in and out there will be a time and season where it will be applicable to medical billing and even many more.
member
Activity: 266
Merit: 33
It takes a lot of time, effort of the government and hospitals, regulation of the currency or bitcoin and acceptance of the citizens
As i mentioned the following the hardest part here is the regulation of bitcoin, it will surely take years or even decades for the bitcoin to be regulated and things might change in the future so who knows. Not just in hospitals but in any other establishments
newbie
Activity: 39
Merit: 0
Accepting Bitcoin as means of payment for medical services will really be great. Everyone is still hoping that Bitcoin and other cryptos will one day be used as a medium of payment in all sectors of the economy including the medical sector. I see this happening someday anyway. It is just a matter of time the whole world will come to accept Bitcoin and cryptocurrency.
full member
Activity: 378
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.



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.
jr. member
Activity: 154
Merit: 1
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, that would be nice if we can use bitcoin in paying medical bills and health care services. But it takes a lot of thorough study and regulations in using it. Bitcoin price is very volatile while hospital bills are stable in their price. That is why medical corporations even the banks in the governments still have no way of accepting bitcoin  it just because regulations is not clearly stated and very volatile in price.
copper member
Activity: 196
Merit: 0
I think it will take time bitcoin used in medical billings. if the government decided to centarlized this. but I hope time will coming soon.
sr. member
Activity: 602
Merit: 255
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.
just wait bro i think they will also shoulder bitcoin soon when it is already use all over the world. and bitcoin is already a currency or payment methods.
member
Activity: 171
Merit: 37
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 bitcoin is not suitable for this kind of service. Hospitals or clinics needs to buy its needs immediately, bitcoin is unstable and doesn't fit to this kind of payments terms. Health care services needs currency which is stable and don't need to wait for the price goes high.
member
Activity: 532
Merit: 15
It will take a little time for Bitcoin to reach every corner - just have a little patience.
sr. member
Activity: 504
Merit: 250
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Give it a few years up to a decade. Cryptocurrencies are still in its infancy. Either medical care will accept BTC payments with the help of a well developed lightning network or we will have altcoins coming out in the medical niche.
member
Activity: 357
Merit: 12
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 take a long period of time for the medical institutes to accept bitcoin as a means of payment. Bitcoin cannot be use in medical billing for now because of its uncertain real value in the market. We know that the price of it usually gies up then down the nexy day. Addition to that, not all the people are into bitcoin or doesn't have any access in it. It will not be accepted due to the againstment of government in regulating or letting the bitcoin circulates in our society.
full member
Activity: 238
Merit: 100
I think it's too hard to pay bitcoin because not all people are in bitcoin, and do you think if ever you had bitcoin for investment you will pay some of your bills. For me no.
newbie
Activity: 182
Merit: 0
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 needs time to be studied. Maybe someday, bitcoin will be used in medical bills payment. But it must be  studied carefully because its volatility makes it difficult for transactions of fixed price.
newbie
Activity: 238
Merit: 0
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.
To use Bitcoin in medicine, it is necessary for the government to approve this step, otherwise insurance and state medicine can not work, because all services are carried out under the contract and the payment terms in it are prescribed.
newbie
Activity: 32
Merit: 0
Bitcoin will get there soon but not now, there are fundamental issues that bitcoin needs to tackle first such as general acceptance by government of the world, bitcoin needs to become a legal tendency first and this achievable when the coin is being taxed and regulated without these i dont think it will become a means of payment in health sector so soon. Also its a step by step things.
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