During a March workshop, the FTC and the ONC heard various stakeholder complaints about the state of the current health IT market, including missing or inaccurate information about products’ prices and limitations, a lack of interoperability among products and vendors that purposefully restrict data flow between systems.
Based on these comments, the two agencies will commit to further studying of the market and identification of areas where improvements could be made. They will also share information about potentially anti-competitive practices that could be hindering market growth.
More articles on the health IT market:
NantHealth raises additional $250M
UnitedHealth’s IT division to acquire MedSynergies
Tenet IT subsidiary Conifer Health Solutions to acquire SPi Healthcare
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.