PBMs to register in New York and new guidelines for sharing health information
New York law requires PBMs to obtain a license from the state
S.3762/A.1396: New York Governor Kathy Hochul has signed into law a law that requires Pharmacy Benefit Managers (“PBMs”) in New York to register with the state and obtain a license by 2023. Effective March 31, 2022, the new law also specifies the duties and obligations of PBMs as service providers and allows the New York Department of Financial Services to receive complaints when a PBM violates the law .
ONC releases new guidelines and data for sharing health information
The Office of the National Health Information Technology Coordinator (“ONC”) has published the Trusted Exchange Framework and the Common Agreement (“TEFCA”), which outlines information sharing requirements across nationwide for healthcare organizations. TEFCA establishes health information exchange principles and a strategy on how to support and govern data exchange and technical infrastructure.
The ONC has also published version 1.0 of the project [email protected], which is a healthcare specification for representing patient addresses to improve patient matching. By standardizing the capture of patient addresses, the specification will advance the healthcare industry’s skills in recording and managing patient addresses in an accurate and consistent format and will support more patient matching and record linkage. efficient.
HIPAA Administrative Simplification Fact Sheet Released
On behalf of the Department of Health and Human Services (“HHS”), the National Standards Group (“NSG”) has created a new fact sheet summarizing HIPAA administrative simplification regulations. The settlement includes a number of provisions designed to streamline and simplify healthcare operations and help the healthcare community save time and money. To find out how to stay in compliance with the regulations, you can access the fact sheet here.