AI and Blockchain in Predictive Healthcare: Transforming Insurance, Billing, and Security Using Smart Contracts and Cryptography

Abstract

Artificial intelligence (AI) and blockchain technology have the potential to completely transform the healthcare sector, especially in the areas of insurance, billing, and security. This study explores the potential for healthcare process transformation through the combination of AI's predictive powers with blockchain's decentralized, secure architecture. This project intends to enhance patient care, lower fraud, and expedite operations by utilizing blockchain technology for safe data storage, artificial intelligence (AI) for medical event forecasting, and smart contracts for automated billing and insurance claims. Furthermore, the confidentiality of health data is guaranteed by blockchain's cryptography protocols. The suggested approach performs better on a number of criteria, such as fraud detection, billing efficiency, forecast accuracy, and system reliability, all of which are up 94.3%. The study emphasizes how crucial these technologies are to cutting down on inefficiencies, protecting data integrity, and streamlining healthcare procedures.