Top Hospitals in the USA Allowing Patients to Pay Using Cryptocurrency
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The medical industry has been one of the most challenging industries to change. This is because of the rigid procedures, regulations, and lack of flexibility. For any technology or innovation to make its way into the medical field, it must be tested and approved by a lengthy procedure. It is rare for any new technological breakthrough to quickly make its way into mainstream medical practices.
However, with time the healthcare industry has evolved. With cryptocurrency markets gaining traction, many hospitals are now accepting digital coins as payment options. Let’s explore a few major hospitals and clinics in the USA embracing crypto payments.
The Adoption of Cryptocurrency in Healthcare System
The adoption of cryptocurrency in healthcare systems is surprising, given that cryptocurrency prices keep fluctuating, and so does the cryptocurrency value. Still, there are hospitals and clinics across the world embracing it wholeheartedly. Cryptocurrency can be utilized as a mode of payment for various services such as buying medicines and other healthcare products, booking appointments, paying for surgery charges, etc.
Many benefits are associated with using cryptocurrency in healthcare systems, such as privacy. When it comes to dealing with sensitive personal information like medical records, privacy is one of the critical requirements that must be considered. Cryptocurrencies offer high levels of privacy since they allow users to remain anonymous while carrying out transactions on their platforms.
The University of Pittsburgh Medical Center
The University of Pittsburgh Medical Center (UPMC) is one of the most crypto-friendly hospitals in the United States. It was the first hospital to accept Bitcoin, and it has also been accepting other cryptocurrencies since 2016. The center’s department of medicine, located in Oakland, Pennsylvania, offers a variety of treatments for cancer and other diseases such as rheumatoid arthritis by using innovative technologies like artificial intelligence (AI).
The department is home to some of America’s leading researchers on cancer treatment, who have authored over 300 articles on their work since 2013. It also offers its services globally through telemedicine by making arrangements with institutions like Harvard Medical School or Mayo Clinic Rochester Minnesota School Of Medicine.
Manhattan’s Mount Sinai Hospital
If you’re planning to travel to New York City and need treatment at a top-notch hospital, Mount Sinai Hospital is the place to go. The hospital accepts cryptocurrency payments through BitPay, making it one of the few hospitals in the country that allow patients to pay using Bitcoin or other cryptocurrencies.
In addition to accepting cryptocurrency payments, it is also partnered with BlockMedx—a company that aims to use blockchain technology for medical data sharing purposes. This partnership will help ensure patient privacy and conduct research related to blockchain technology and health care delivery systems.
New York’s Westchester Medical Center
New York’s Westchester Medical Center is a non-profit hospital founded in 1901. It is a teaching hospital, meaning that it accepts medical students from the New York Medical College, Mount Sinai School of Medicine, and other schools for training. The hospital has over 1,000 beds and employs more than 10,000 people across Valhalla and White Plains campuses. It offers both primary care services and tertiary services like emergency care and intensive care units (ICUs).
Westchester Medical Center oversees several specialty centers, including an Orthopedic Institute with highly specialized orthopedic surgeons. An Urgent Care Center with 24/7 access to specialists. Heart & Surgery Institute, where patients receive preoperative testing in cardiac imaging.
In addition, Cancer Care Institute, where patients receive personalized treatment plans based on genetics. Women’s Health Program offers prenatal care and mother-child bonding classes after delivery at no extra cost to patients; Sleep Medicine Center provides sleep medicine programs tailored to your needs.
Bethesda Hospital East
Bethesda Hospital East is a hospital in Boynton Beach, Florida. It is a private, not-for-profit hospital that provides medical and surgical care to patients. The hospital was founded in 1937 by Dr. Lawrence F. Smith as a small clinic to serve the community of West Palm Beach; it has since grown into one of the largest hospitals in South Florida, offering a full range of services and advanced technology at their facility.
Bethesda Hospital East is also a part of Bethesda Health System which provides over 120 years of service through its two acute care hospitals (one located on each side), outpatient centers, home health agency and radiology center with imaging capabilities, including MRI scans or X-rays if needed after being admitted into one of these facilities for treatment purposes only.
NorthShore University Health System
NorthShore University HealthSystem is a healthcare organization in Illinois. It has a medical center in Evanston and four other medical centers. The NorthShore Evanston Medical Center was opened in November 2005, replacing the hospital’s previous facilities built more than fifty years before this date. The NorthShore Glenview Medical Center opened its doors for business on April 16th, 2019. It is located at 815 Waukegan Road, Glenview, Illinois 60025
Baptist Health South Florida
Baptist Health South Florida is a private, non-profit healthcare system in the southern Florida area accepting Bitcoin as a payment method since 2014. The hospital network currently operates eight hospitals and more than 100 outpatient centers, offering services ranging from surgery to behavioral health care.
The hospitals within Baptist Health South Florida will accept cryptocurrency payments through BitPay. This means that patients can pay for services using Bitcoin or other cryptocurrencies such as Ethereum and Litecoin at their discretion with no additional fees added on top of the original price tag – great news for those looking to save money on medical bills!
Mayo Clinic
The Mayo Clinic is a world-renowned medical practice treating patients for over 100 years. Mayo Clinic is the largest integrated, not-for-profit medical group practice globally and a globally recognized leader in medical care. Its mission is to provide the highest quality of care based on the best clinical trials and innovative research.
Mayo Clinic’s main campus is located in Rochester, Minnesota, with campuses also located in Arizona, Florida, and elsewhere. Today, the Mayo Clinic employs more than 73,000 staff members providing health care services to millions each year.
Stanford Children’s Health
Stanford Children’s Health is a hospital specializing in pediatrics and neonatology, located in Palo Alto, California. The hospital is part of the Stanford University School of Medicine, including Stanford Hospital & Clinics. Stanford Children’s Health has been ranked as one of America’s best children’s hospitals by U.S. News & World Report since 2000; it was ranked first in California and fifth nationally as of 2019.
The University of Utah Hospitals and Clinics
The University of Utah Hospitals and Clinics is one of the top hospitals in the country. The network is also home to Intermountain Healthcare, the largest health system in the state. The hospital accepts Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other cryptocurrencies through a payment portal called Coinbase Commerce.
It accepts cryptocurrency payments directly from customers or uses it as an alternative form of payment alongside credit cards or cash. The network’s chief operating officer said that this was part of their commitment to “embrace innovation” on behalf of their patients and community members.”
Conclusion
This does not stop at the health sector. The cryptocurrency revolution is taking over the world, with many sectors adapting to the new currency method. From real estate to business, you can use cryptocurrencies to pay for services from some companies. It will be interesting how soon this trend catches up with other sectors of the economy and will it live up to its potential to transform the financial world?
