Security News > 2023 > December > Information-blocking rule in 21st Century Cures Act redefines data exchange in healthcare

A Verato survey offers perspectives on the data management strategies of healthcare executives, highlighting the crucial role of Healthcare Master Data Management in addressing key gaps, facilitating seamless data exchange, and aligning with the mandates of the 21st Century Cures Act.

The 21st Century Cures Act set standards for the secure and frictionless exchange of data among payers, providers and consumers, including the establishment of an information-blocking rule that was finalized earlier this year.

"The information blocking rules in the 21st Century Cures Act will also significantly raise the amount of data that flows between organizations within the healthcare industry. If executives aren't confident in their technical ability to handle this influx, we encourage them to start taking the necessary steps now," Ritchey continued.

98% of healthcare executives expect an increase in data requests from other organizations, and 97% predict an increase in data coming into their organization from external sources.

Two thirds of healthcare organizations are not completely confident in their data management infrastructure's ability to protect the integrity of patient data.

According to AHIMA, the prevalence of duplicate records in most hospitals is upwards of 10%, but in health systems with multiple facilities that rate is closer to 20%. Ritchey continues: "At Verato we believe that, beyond meeting compliance and avoiding disincentives, an hMDM is the bedrock of any organization's data infrastructure. As the industry continues to embrace these interoperability requirements, it's becoming increasingly important that healthcare organizations be able to confidently know who is who and provide complete, clean, trusted data that's ready to share with consumers and other organizations."

News URL

https://www.helpnetsecurity.com/2023/12/18/21st-century-cures-act/