Here are four things to know about how the nonprofit plans to restructure.
1. The Sequoia Project will spin off two of its flagship projects into two distinct subsidiaries: eHealth Exchange and Carequality.
“The new corporate structure will assure that each of these vital initiatives has the governance and management resources that they require to continue flourishing,” The Sequoia Project wrote in a May 10 statement.
2. The eHealth Exchange is a health information network that works with 75 percent of U.S. hospitals, four federal agencies and nearly 60 regional or state health information exchanges to support the exchange of information related to more than 120 million patients.
3. Carequality is an interoperability framework that enables health information networks to share records with one another. The framework has worked with more than 600,000 physicians to exchange patient records electronically.
4. Under the corporate restructuring policy, the eHealth Exchange network will become a member and implementer of Carequality. Once the eHealth Exchange completes the Carequality application process, each eHealth Exchange network participant will have the option to share patient data with other Carequality-connected providers.
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