Black Book: Payers Leading Snub Of Public HIEs
Susan D. Hall | FierceHealthIT | January 28, 2014
As federal funds supporting health information exchanges dry up, 83 percent of the nation's public HIEs are stalling, according to a new report from Black Book.
The report found payers snubbing the bureaucracy, fees and complex architecture of government-sponsored HIEs and instead investing in private efforts. That exacerbates the public HIEs sustainability woes.
Without more effective processes, revenue streams and business models, as few as 10 of the operating public HIEs are expected to still be in business by 2017, according to an announcement.
Black Book polled 1,550 provider organizations that participate in HIEs and 794 payers and insurers over the last six months of 2013.
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