The AMA Is Using Its Government-Granted Healthcare Data Monopoly to Power a Sketchy New Commercial Venture

By LEAH HOUSTON, MD (11)

Source: Health2047.com

Like many academic institutions and non-profits these days, the American Medical Association (AMA) decided not long ago to get into the innovation business, launching Health 2047, a new for-profit Silicon Valley-style venture innovation incubator.

One of the AMA’s first new ventures is Akiri, a blockchain-enabled data transmitting and sharing network built to efficiently transmit the data the AMA owns among patients, physicians, and health systems. According to a news brief filed at the time, Akiri’s data transmission network includes health information exchanges, and will allow the personal health records of patients to be transmitted. [1]

What most people don’t know is that Congress effectively granted the AMA a monopoly on healthcare data back in the sixties.

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