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Today, the Workgroup for Electronic Data Interchange (WEDI) Foundation, a leading authority on the use of health IT to improve healthcare information exchange, released the 2013 WEDI Report. The culmination of a nine month public-private effort with more than 200 subject matter expert volunteers, the 2013 WEDI Report will serve as a new roadmap for health IT over the next decade.
The 2013 WEDI Report was truly a shared effort between both public and private stakeholders, and as a Co-Chair of the WEDI Report Payment Models workgroup, I was fortunate to work with many innovative and bright industry leaders to develop the recommendations found in the report.
Key Report Areas of Recommendation
The 2013 WEDI Report identifies four critical areas of focus:
- Patient Engagement: consumer (patient) engagement through improved access to pertinent healthcare information.
- Payment Models: Business, information, and data exchange requirements that will help enable payment models as they emerge.
- Data Harmonization and Exchange: Alignment of administrative and clinical information capture, linkage, and exchange.
- Innovative Encounter Models: Business and use cases for innovative encounter models that use existing and emergent technologies
Building Solutions that Support Innovative Payment Models
The WEDI Report Payment Models workgroup was tasked with evaluating alternative payment models and requisite business, information, and exchange requirements that enable sustainable success for organizations implementing non-fee-for-service payment models such as Accountable Care Organizations (ACOs), bundled payments, and patient-centered medical homes.
As part of the research conducted by the workgroup, we surveyed over 500 health care organizations to determine interest in, experiences with, and barriers to implementing innovative payment models.
The results from this survey showed that the two biggest barriers to successful implementation and sustainment of these models was lack of sufficient technology infrastructure and challenges related to information exchange. It is clear from the workgroup research and the recommendations found in the 2013 WEDI Report that health technology organizations like Practice Fusion play an important role in helping create an environment where participation in innovative payment models such as ACOs is accessible to healthcare organizations of all types and sizes.
“The 2013 Report will help to set a common direction for the healthcare industry as we continue to evolve to greater focus on patients managing their own healthcare information, the movement towards fee-for-value arrangements, and the rise of new payment models and technologies,” said Dr. Devin Jopp, President & CEO of WEDI.
Impact on the healthcare industry
WEDI founder, Dr. Louis W. Sullivan, served as the Honorary Chair of the 2013 WEDI Report Executive Steering Committee and worked directly with healthcare business, association and government leaders to identify solutions that could be implemented quickly and driven by business. The original WEDI report led directly to the administrative simplification provisions in the Health Insurance Portability and Accountability Act of 1996 (HIPAA).
In a press release, Dr. Sullivan said, ”Like the WEDI Report that I initiated in 1993 that became the roadmap for electronic business solutions for healthcare in the 1990s, the 2013 WEDI Report and recommendations will serve as the roadmap that will lead to greater efficiency and improved healthcare delivery in the years ahead.”
Will the 2013 WEDI Report have the same impact on the healthcare industry as the original 1993 WEDI Report? Only time will tell, but as we look at the state of healthcare costs, access to care, and quality of treatment found in the current, Practice Fusion is excited to do our part in creating solutions that will help organizations achieve the goals of sustainable and successful innovative payment model implementation.
Read the full report here: 2013 WEDI Report
Today, the Workgroup for Electronic Data Interchange (WEDI) Foundation, a leading authority on the use of health IT to improve healthcare information exchange, released the 2013 WEDI Report. The culmination of a nine month public-private effort with more than 200 subject matter expert volunteers, the 2013 WEDI Report will serve as a new roadmap for health IT over the next decade. The 2013 WEDI Report was truly a shared effort between both public and private stakeholders, and as a Co-Chair… read more >
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