CMS said the measure would reduce administrative healthcare costs by an estimated $454 million annually.
“Healthcare providers are often forced to use manual processes such as mail, fax, or internet web portals when they respond to requests from health plans, leading to delays and less time for patient care,” CMS Administrator Chiquita Brooks-LaSure said in a Dec. 19 agency news release. “These important steps would promote more consistent and reliable communications among the partners involved in healthcare transactions, improving the care experience for all.”
Public comments for the new rule are due by March 22. The American Hospital Association supports the establishment of the new standard.
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
