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Share Name | Share Symbol | Market | Type |
---|---|---|---|
PNC Financial Services Group Inc | NYSE:PNC | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
1.72 | 1.12% | 155.70 | 156.09 | 153.93 | 155.81 | 1,172,876 | 01:00:00 |
By Stephen Nakrosis
International Business Machines Corp. (IBM) on Thursday announced a collaboration with PNC Bank and several health-care companies to create "a blockchain-based ecosystem for the healthcare industry."
Aetna, Anthem Inc. (ANTM), and Health Care Service Corp. will work with IBM and PNC to create a network using blockchain technology to improve transparency and interoperability in the health-care industry, IBM said.
The group hopes to address a number of challenges in the health-care industry, including secure information exchanges and efficient claims and payment processing.
IBM said the collaboration will add additional members in the coming months, including other health organizations, health-care providers, startups and technology companies.
Lori Steele, general manager for Healthcare and Life Sciences for IBM, said "The fact that these major health-care players have come together to collaborate indicates the value they see in working together to explore new models that we think could drive more efficiency in the health-care system and ultimately improve the patient experience."
PNC Bank is a division of PNC Financial Services Group Inc. (PNC). Aetna is a unit of CVS Health Corp. (CVS).
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
January 24, 2019 12:37 ET (17:37 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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