Solutions to HIE Sustainability
The benefits of Health Information Exchanges (HIE) are numerous and far reaching, but they remain endangered due to significant sustainability issues. Government funding, while great for the initial start up, is limited and insufficient for the long term. To succeed, HIEs need a sustainable business model –one that includes both revenues for the HIE and cost savings for participants.
Reducing Administrative Costs
We believe the answer lies in becoming a community portal for administrative and value-added services in addition to the transfer of clinical information. The community portal, combined with administrative services and transactions, delivers revenue to the HIE and cost savings to the member organizations, ensuring their participation. Sharing in the implementation and maintenance of solutions will reduce administrative healthcare costs and will assist the HIE in enrolling payer and provider stakeholders. Value-added services provided through the community portal bring additional revenues to the HIE. In addition, increased traffic and visibility for the HIE through the portal improves the “network effects” substantially as utilization of the portal and administrative services increases.
RHIOnet provides a standards-compliant infrastructure for building value-added services for your HIE. All the services below are available “out of the box” or through interfaces to allow you to use existing services. Collecting a small margin on these services can result in considerable amounts of revenue for the HIE. To view these services check out RHIOnet Features and Transaction Sets.