News Briefs

Citing the COVID-19 crisis, the Trump administration will apply a “policy of enforcement discretion to allow compliance flexibilities” regarding the interoperability rules it finalized March 9. “Now more than ever, patients need secure access to their healthcare data,” CMS Administrator Seema Verma said in an April 21 statement. “Nevertheless, in a pandemic of this magnitude, flexibility is paramount for a healthcare system under siege by COVID-19. Our action today will provide hospitals an additional 6 months to implement the new requirements.” Read more at https://bit.ly/3eJz43d.

Even though the severity and duration of the COVID-19 pandemic remains highly uncertain, U.S. health insurers are likely to remain profitable, according to a report from Moody’s Investors Service released April 20. However, an emerging recession could cause lower revenues, tighter cash flows and declining commercial enrollment, Moody’s suggested. The credit rating firm said the earnings of regional commercial-focused insurers are more vulnerable than those of national, diversified companies. Read more at https://bit.ly/3cIdJFk.

0 Comments
© 2024 MMIT
AIS Health Staff

AIS Health Staff

Related Posts

cms-website
February 23

Panelists: CMS Prior Authorization Rule Should Help, But More Is Needed

READ MORE
blue-cross-blue-shield-image
February 23

Checking on the Blues: Analysts Predict Margin Uptick in ’23 Will Be Short-Lived

READ MORE
techy-illustration
February 23

ONC Head Touts Interoperability Wins, Poses AI Questions

READ MORE

GAIN THERAPEUTIC AREA-SPECIFIC INTEL TO DRIVE ACCESS FOR YOUR BRAND

Sign up for publications to get unmatched business intelligence delivered to your inbox.

subscribe today