Revenue cycle management vendor Emdeon Corp. in 2008 launched an initiative to collect hard data on the extent to which providers and payers use electronic claims and related financial/administrative transactions. Now, Emdeon is transferring the initiative, called the U.S. Healthcare Efficiency Index, to CAQH, a Washington-based advocacy organization that leads the Committee on Operating Rules program to further standardize HIPAA transactions.
Emdeon, whose business includes operating the nation's largest claims clearinghouse, will contribute data to the index and CAQH will crunch the numbers. CAQH is recruiting for a director of research and measurement, and will continue to rely on an industry advisory council that Emdeon formed to guide the U.S. Healthcare Efficiency Index. Emdeon now will join the advisory council.
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