Background: Risk management is a crucial process that can identify, evaluate, and properly mitigate risks along a health system’s project lifecycle. Various frameworks that enable multiple stakeholders have been developed, however,
they are not suitable to protect the confidentiality of individual inputs from the stakeholders – and are centralized, which exposes security and transparency of the information that is being stored.
This study explores the applicability of blockchain technology for healthcare risk management. The key functional elements of blockchain that can resolve the challenges faced by prior risk management frameworks have been identified and discussed. Based on the discussions, a conceptual information management model for managing healthcare project risks on a
blockchain has been conceived.
Authors illustrate the process, benefits, and limitations of adopting blockchain technology for collaborative risk management in healthcare projects
