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Author Topic: Why is bitcoin not used in medical billing?  (Read 2439 times)
tuanphuong666 (OP)
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June 10, 2018, 09:10:12 AM
 #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.
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June 10, 2018, 09:15:31 AM
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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 takes time to get to that era. But actually it does not matter when your workplace agency can receive payment with bitcoin.
for now the decision is still private so it is not possible there will be intervention from other parties.
Unlike when the government has made a decision by making the regulation, it will be very different from what will happen later.
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June 10, 2018, 09:18:07 AM
 #3

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 is not used in medical billing because bitcoin is unstable. In hospital bills sometimes they need the tangible payment and with cryptocurrency due to lack of regulations and policies still have no stranglehold on what the price or value of bitcoin is in case of a drop or rise. That is why medical institutions or the other corporations even the bamks in the governments still have no way of accepting yhek just because of how it currently is fluid and elastic on ints worth

tuanphuong666 (OP)
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June 10, 2018, 09:20:30 AM
 #4

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 takes time to get to that era. But actually it does not matter when your workplace agency can receive payment with bitcoin.
for now the decision is still private so it is not possible there will be intervention from other parties.
Unlike when the government has made a decision by making the regulation, it will be very different from what will happen later.

I look forward to one day my government and the agency where I work will accept it. I also understand that decisions are still private and that interference from stakeholders is difficult. But I hope the era will soon come
Vitalik1985
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June 10, 2018, 09:46:45 AM
 #5

I do not think that this day will come. Because corrupt officials, not profitable transparency of the operation with bitcoin.
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June 10, 2018, 09:50:29 AM
 #6

      In my own opinion bitcoin is not ready to use in medical billing because it is still on progress. Bitcoin continue to develop for payment system. It is already use in other country as payment for electric bills,water bills,buy loads and many more and i think it will be use as payment in other forms like medical billings soon. Let us hope that it will be use someday for a lot of billings so that we can pay easily using this bitcoin. Bitcoin is very useful and helpful,it is really a blessing for us.

brickafterbrickwalldpt
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June 10, 2018, 09:51:56 AM
 #7

Why would hospitals start accepting Bitcoin? Hospitals need to be able to spend their money in order to buy things needed to keep it running. Bitcoin is not widely accepted and thus it is a bad idea.  Many people don't believe in Bitcoin and those who are responsible for hospital's money also probably don't. It is still to early to implement Bitcoin in such important places. We don't know what might happen in the next years to it due to unclear regulations.

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June 10, 2018, 09:54:43 AM
 #8

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.

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charlotte04
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June 10, 2018, 10:04:25 AM
 #9

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 isn't yet. But I know that there is going to be a cryptocurrency that will be use as a payment method for that kind of thing.
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June 10, 2018, 10:07:39 AM
 #10

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.
seems interesting if Bitcoin is used as a means of payment Bitcoin in the field of health in the hospital. This proves Bitcoin is progressing very rapidly and makes a positive trend that affects the current Bitcoin price
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June 10, 2018, 10:17:02 AM
 #11

it will come soon maybe not just bitcoin but some other crytocurrency out there. maybe someday there will be project that would deal such kind of payment... with the advent of so many technology today and the growing nimbers of alternatives coin. maybe there will be company that would venture such kind of business.
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June 10, 2018, 10:24:43 AM
 #12

I think it is hard to use and accept bitcoin as a payment in medical expenses. Bitcoin is unstable and it will be hard for medical establishments to use it in times they need some facilities and improvements. Also bitcoin's volatility is another risk that medical establishments may encounter the moment they accept bitcoin as a payment.

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ayambawang
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June 10, 2018, 10:28:13 AM
 #13

I think to realize it all takes a long time and process because it takes the readiness of the system but the earliest we need legalization from the state, and I think the government regulation will be a difficult barrier for us to face, but I am optimistic it will happen someday and it will facilitate our life in the field of health
 
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June 10, 2018, 10:32:21 AM
 #14

until now in my country that is INDONESIA, can not use direct bitcoin to do medical, must be done through market exchange indodax.com indonesia.
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June 10, 2018, 10:33:05 AM
 #15

Because we know that it is hard to use and its only accept in few countries so that its impossible to use as medical billing also bitcoin is not that stable to use.
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June 10, 2018, 10:38:09 AM
 #16

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.

Because obviously he does not own the hospital and thus he can't just start accepting bitcoin for medical billing?



I think this comes down to the lack of hype of bitcoin to the merchants. When we, the consumers or the bitcoin users, start asking for people to accept bitcoin or even ask if they do accept bitcoin as payment, something starts to happen. They start to gain interest on what it is and why did some guy just asked to pay using that kind of money. I'd say it takes time, a lot of time, but it can be shorten if we don't become such a sheep waiting for just the adoption to happen but be a shepherd and start the hype by ourselves.

In my country, though, bills can be paid using bitcoins via the local exchange. Electric bills, phone bills, etc. but I don't think you can pay medical bills. It's just a matter of time until hospitals start to participate since it's not that hard and it's a lot more efficient although it's totally possible that some hospitals would only want to be paid in cash.

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dutchkay
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June 10, 2018, 10:42:51 AM
 #17

Bitcoin is not controlled by any entity so it's actually a public and private currency depending the way you use it. For medical sectors not to adopt it yet is left for them to decide. Besides the currency is unstable and before you decide to implement it, you will have to understand how it really works. and anyone can actually use it rgardless of sector so far you understand how to implement it.
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June 10, 2018, 10:53:28 AM
 #18

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.

Because obviously he does not own the hospital and thus he can't just start accepting bitcoin for medical billing?



I think this comes down to the lack of hype of bitcoin to the merchants. When we, the consumers or the bitcoin users, start asking for people to accept bitcoin or even ask if they do accept bitcoin as payment, something starts to happen. They start to gain interest on what it is and why did some guy just asked to pay using that kind of money. I'd say it takes time, a lot of time, but it can be shorten if we don't become such a sheep waiting for just the adoption to happen but be a shepherd and start the hype by ourselves.

In my country, though, bills can be paid using bitcoins via the local exchange. Electric bills, phone bills, etc. but I don't think you can pay medical bills. It's just a matter of time until hospitals start to participate since it's not that hard and it's a lot more efficient although it's totally possible that some hospitals would only want to be paid in cash.
all that can happen if the state endorses bitcoin as a transaction tool, but if the state prohibits it it will not happen, because a transaction using bitcoin requires state permission
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June 10, 2018, 10:57:57 AM
Last edit: June 10, 2018, 11:32:32 AM by vintages
 #19

It will be a good thing if bitcoin is used in the medical sectors, but with the way the governments of some countries are viewing it, I doubt it if the medical practictioners will want to consider using it as a method of medical payment. Though, some private hospitals might want to use it but for the federal or state hospital,  they won't consider it. Even a medical consultants might consider using it also.
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June 10, 2018, 11:01:31 AM
 #20

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 takes time to get to that era. But actually it does not matter when your workplace agency can receive payment with bitcoin.
for now the decision is still private so it is not possible there will be intervention from other parties.
Unlike when the government has made a decision by making the regulation, it will be very different from what will happen later.

For now, it does not exist yet. But someday it can be realized and done. Some time ago I came across several threads of projects in the health sector that used blockchain technology for all the pharmaceutical supply chains and health sectors. Medichain and FarmaTrush I mean. They will implement ICO for its implementation. According to Me, This is the first step to get there.
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