Here's The Latest in Health Care:
• The new CMS data interoperability rule will take effect on July 1st, which aims to free data from silos to promote interoperability between payers and providers. The mandate represents a step forward for patients being able to access insightful, actionable health care data in a timely fashion, so they can make better decisions about their health. Good health information exchange can also reduce the burden of certain administrative processes, such as prior authorization. Read More
• When looking at hospital-insurer contracts, researchers found that fixed-rate contracts correlate with lower costs and prices compared to discounted charges contracts. To evaluate the relationship between hospital-insurer contracts and hospital performance, the study looked at general acute care hospitals and noted the different types of contracts as well as outcomes such as prices, costs, charges, and length of stays. Read More
• While the covid-19 pandemic has taken an incredible toll, we’re starting to see a few positive side effects that could have lasting implications. The pandemic has given us a glimpse into the emergence of a new kind of patient, one that is more engaged and active, and who has the potential to drive improved care for decades to come. Read More
• Amazon's cloud division launched a health care accelerator to boost startups' growth in cloud technologies and enable early-stage companies to tap into AWS' technical and commercial expertise. The program will focus on technologies such as remote patient monitoring, data analytics, patient engagement, voice technology, and virtual care. Read More
Each Friday, Signor Goat reports the latest from the week in health care. Check back next Friday for your dose of our little medical corner of health care news. Brought to you by pMD, innovators in charge capture, medical billing, revenue cycle management, telehealth, secure messaging, clinical communication, and care navigation software.