The robustness and efficiency of managing the supply chains are crucial for realizing the profitability and continual maintainability of any business venture besides ensuring customer satisfaction. Traditional supply chain practices across various sectors are beset with many problems that can be effectively addressed by embracing modern technologies. Supply chain problems that are unique to the healthcare sector have to be addressed on a priority basis as people’s health is at stake. Counterfeit drugs, lack of transparency, and poor practices concerning the generation and use of the patient’s health record details are some of the manifold problems faced by the healthcare sector. Blockchain technology can be combined with every single activity of the healthcare supply chains. Blockchain technology can prove to be an effective tool for the regulatory bodies to observe the activities in the healthcare sector. Blockchain technology is capable of providing solutions to problems and also has great opportunities for enriching and transforming the healthcare supply chains.