Analyst Briefing Submitted
hashedhealth.com

Founded Year

2016

Stage

Series A | Alive

Total Raised

$10.88M

Last Raised

$9.03M | 2 yrs ago

About Hashed Health

Hashed Health is a venture studio working with enterprises to solve shared problems in healthcare & life sciences (including healthcare, insuretech, fintech, and supply chain technology). The company's intentional, iterative, hypothesis-driven process serves to prove technical viability, business value and customer fit prior to launch. Hashed Health uses blockchain and blockchain-inspired technologies to solve trust, transparency, incentive-alignment, and clinical data integration challenges.

Hashed Health Headquarter Location

PO Box 58478

Nashville, Tennessee, 37205,

United States

615.584.4455

ESPs containing Hashed Health

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTHMARKET STRENGTHLEADERHIGHFLIEROUTPERFORMERCHALLENGER
Healthcare / Biopharmaceuticals

These companies provide solutions that leverage distributed ledger technology — decentralized digital databases — to facilitate secure communication between disparate supply chain partners. These solutions can support improved inventory tracking, fraud reduction, and reduce overhead costs related to paperwork.

Hashed Health named as Leader among 5 other companies, including TraceLink, VeChain, and Veratrak.

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Hashed Health's Products & Differentiation

See Hashed Health's products and how their products differentiate from alternatives and competitors

  • Professional Credentials Exchange

    ProCredEx is a company that recently spun out of the Hashed Health venture studio. ProCredEx is an exchange for verified practitioner credentials. By digitizing these assets and trading them on an exchange, we have the opportunity to modernize the credentialing process to a more efficient, effective identity and reputation system. This resolve many expensive and time-consuming revenue cycle and access challenges in healthcare.

    Differentiation

    This is a new space, so we are not aware of any direct competition. Instead, we see many opportunities for participation and collaboration on the exchange. The important differentiators we discuss w… 

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    Differentiation

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    Differentiation

    We're on a mission to enable every organization to make smarter decisions about tech. Whether it's finding a new game-changing vendor or understanding a new market, it's easier, faster and smarter with CB Insights. All made possible by the smartest, hardest-working team in tech. Subscribe to see more.

  • Subscribe to see more

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    Differentiation

    We're on a mission to enable every organization to make smarter decisions about tech. Whether it's finding a new game-changing vendor or understanding a new market, it's easier, faster and smarter with CB Insights. All made possible by the smartest, hardest-working team in tech. Subscribe to see more.

Research containing Hashed Health

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Hashed Health in 2 CB Insights research briefs, most recently on May 3, 2022.

Expert Collections containing Hashed Health

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Hashed Health is included in 8 Expert Collections, including Blockchain.

B

Blockchain

4,214 items

Companies and startups in this collection leverage blockchain technology for crypto trading, decentralized finance (DeFi), NFTs, and more.

P

Pharma Supply Chain

1,357 items

V

Value-Based Care & Population Health

873 items

The VBC & Population Health collection includes companies that enable and deliver care models that address the health needs for defining populations along the continuum of care, including in the community setting, through participation, engagement, and targeted interventions.

H

Health IT

3,067 items

Companies partnering with healthcare stakeholders to improve operational efficiency across payment, supply chain, data mgmt, and more.

C

Conference Exhibitors

5,302 items

C

Cybersecurity

4,925 items

Latest Hashed Health News

How Blockchain Technology is Impacting Healthcare Today?

May 20, 2021

The global  healthcare blockchain market  is fragmented in nature with several regional and global players. The market is led by several big and regional market players such as IBM (US), Microsoft (US), Guardtime (Estonia), PokitDok (US), Hashed Health (US), Gem (US), and Chronicled (US). The companies are mainly focusing on agreements, collaborations, & partnerships and product launches & enhancements to maintain and enhance their presence in the market. IBM: In 2017, IBM dominated the global healthcare blockchain market. The company focuses on strategies such as collaborations and product launches to maintain its market position. The company has its presences in more than 175 countries in North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. As of December 2017, IBM was working with more than 400 clients to explore and develop blockchain technologies for enterprises. Among them, the collaboration with CDC (US) and USFDA to research on blockchain to address medical data storage security and interoperability strengthened IBM’s position and reputation thereby strengthening its position in the healthcare blockchain market. Microsoft: Microsoft is another leading player in the healthcare blockchain market. The company officially entered the blockchain market in 2015 and it uses both organic and inorganic growth strategies to strengthen its position in the market. For instance, Ethereum and Microsoft collaborated to launch Ethereum BaaS, which would help customers create and work in private, public, and group-based blockchain environments. The company is trying to create awareness about blockchain technologies and help organizations with its implementation. Microsoft also focuses on support and strategy for reinventing productivity and business processes, structuring analytics platform and services, and creating more opportunities in the blockchain space. For instance, in May 2018, the company launched Azure Blockchain Workbench, which provides developers with rebuilt networks and infrastructure to connect blockchain applications to the cloud. Guardtime: Guardtime is one of the leading players in the global healthcare blockchain market offering enterprise blockchain-based security in the healthcare industry. The company has a strong presence in developed nations as well as developing nations. The company operates globally with offices in the US, Estonia, the UK, the Netherlands, and Singapore. It is further aiming towards expanding and strengthening its geographic presence. For instance, in 2014, Guardtime expanded its footprint by establishing a subsidiary named Guardtime Federal in the US. To strengthen its position in the blockchain market, the company also focuses on raising funds for research and development. For instance, the company has received nearly USD 8 million in a series of fundraising from venture capital and strategic partners. Its partners include Horizons Ventures (Hong Kong), Ambient Sound Investments (Estonia), FITOne Capital (Japan), and Infocomm Investments (Singapore). Key Revenue Pockets: Blockchain technology in the healthcare market is projected to reach USD 829.0 million by 2023 from USD 53.9 million in 2018, at a CAGR of 72.8%. The increasing incidence of healthcare data breaches, growing threat of counterfeit drugs, rising adoption of blockchain as a service (BaaS), and transparency & immutability of the distributed ledger technology are the major factors driving the growth of the market. However, the reluctance to disclose data and the lack of a central entity & common set of standards are expected to restrain the growth of this market to a certain extent. In this report, the healthcare blockchain market has been segmented on the basis of applications, end user, and region. On the basis of application, the market is segmented into supply chain management, clinical data exchange and interoperability, claims adjudication and billing management, and other applications. The claims adjudication and billing management segment is expected to grow at highest CAGR during the forecast period. The rapid growth in claims adjudication and billing management segment can be attributed to the rise in medical billing-related fraudulence activities, growing medical tourism, and the need to implement cross-border claims management through blockchain. Based on end user, the healthcare blockchain market is segmented into pharmaceutical companies, healthcare payers, healthcare providers, and other end users. During the forecast period, healthcare payers segment is expected to grow at the highest rate. The high growth of this segment can be attributed to the increasing need for secure health information exchange between providers and payers, rising insurance fraud, growing medical tourism, and the need to improve operational efficiency in healthcare organizations. Geographically, the healthcare blockchain market in the Asia Pacific region is expected to register the highest CAGR during the forecast period. Factors such as the improving healthcare infrastructure, increasing adoption of EHR systems and other healthcare IT solutions, growing demand for health information exchange between different stakeholders in the healthcare industry owing to the rising medical tourism in this region, and increasing need to prevent counterfeit drugs from entering the supply chain are driving the growth of this regional segment. Name:

Hashed Health Web Traffic

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  • When was Hashed Health founded?

    Hashed Health was founded in 2016.

  • Where is Hashed Health's headquarters?

    Hashed Health's headquarters is located at PO Box 58478, Nashville.

  • What is Hashed Health's latest funding round?

    Hashed Health's latest funding round is Series A.

  • How much did Hashed Health raise?

    Hashed Health raised a total of $10.88M.

  • Who are the investors of Hashed Health?

    Investors of Hashed Health include Martin Ventures and Fenbushi Capital.

  • What products does Hashed Health offer?

    Hashed Health's products include Professional Credentials Exchange and 3 more.

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