- Mandate technical standards for payers & health information technology vendors
- Free health information (claims and encounters, cost information, clinical data, provider directory, pharmacy formulary, payer to payer exchange, hospital admission, discharge, transfer (ADTs) records)
- Publicly expose information blockers
- Open up marketplace competition for third party healthcare applications
- Must implement Patient Access Application Programming Interfaces (APIs) for claims, encounter, clinical & formulary/PDL for dates of service after 1/1/16
- Must implement Provider Directory API
- Must implement payer-to-payer data exchange
- Must implement Admission, Discharge & Transfer (ADT) notifications
- Should ensure they attest to not information blocking
- Should ensure their digital contact information is up to date with CMS
- Must implement Patient Access APIs for Medicaid & CHIP FFS
- Must implement payer-to-payer data exchange
- Must submit Medicare Modernization Act (MMA) (State-Phasedown File) for Part A & B buy-in daily
The CMS per plan cost estimate is $788k – $2.5M, depending on organization type with a minimum six-month implementation. These estimates are a general range and could vary for your organization as there are several factors to consider beyond market type, such as resource availability (the potential need for IT contractors) and any type of provider contracting impact or policy updates. An important note for payers is that depending on the market (individual, small group and large group) costs associated with data exchange may qualify as “quality improvement activities” for purposes of your insurer’s medical loss ratio (MLR).
Health Performance Accelerator by HMA & HealthEC, the consulting services you know and trust, backed by the robust population health management platform you can count on. In recognition of the critical role that consulting services combined with information technology (IT) play in the successful implementation of many healthcare initiatives, Health Management Associates (HMA) and HealthEC collaborated on solutions designed to achieve and accelerate improvements in healthcare service delivery and related outcomes.
Stay tuned next week for Part 2 of our Interoperability Rule Blog Series titled Making the Economics Work for You, focused on how this may impact you from a cost perspective and how you can capitalize on your investment and optimize your ROI.
Interested in talking to our team to help guide you through the process? Click here.
Join us for our Webinar – CMS’ Interoperability Rule – Magnifying Data and Powering your Analytics at 1 p.m. ET on Wednesday, March 31st where our panel of experts will summarize the Final Rule, walk through what this data will do for your organization, and how it could positively impact the economics of healthcare.
1 Interoperability and Patient Access – Prepublication Final Rule – (CMS-9115-F) p. 8. https://www.cms.gov/files/document/cms-9115-f.pdf