HealthLX listed as Sample Vendor by Gartner in Hype Cycle for U.S. Healthcare Payers, 2020 Report

GRAFTON, Wis., Aug. 27, 2020 /PRNewswire-PRWeb/ -- HealthLX announced today that the company was recently listed as a sample vendor in clinical data integration (CDI) by Gartner in its Hype Cycle for U.S. Healthcare Payers, 2020 Report.* According to Gartner, "The Gartner Hype Cycle provides critical input for strategic planning by tracking the maturity levels and adoption rates of emerging payer technologies and approaches. U.S. healthcare payer CIOs should use this research to plan their investments to optimize and transform."

The Hype Cycle report gives position and adoption speed justification for clinical data integration, noting, "U.S. healthcare payer CIOs' urgency to address and adopt CDI is escalating in 2020. In a culmination of more than 20 years of interoperability policy, new regulations from the Office of the National Coordinator for Health IT (ONC) and the U.S. Centers for Medicare & Medicaid Services (CMS) mandate that providers and payers freely share timely and comprehensive health data with consumers electronically, using open APIs." The report goes on to say, "Payers are not currently well-positioned to respond to these requirements. The approaches to, and technologies supporting, CDI today remain highly fragmented, and payers haven't typically acquired and processed clinical data with any consistency. Technical challenges -- such as standardized and mandated EHR interoperability methods -- are still substantial but decreasing, with the industry and regulatory entities coalescing around FHIR data exchange standards. Provider data-sharing agreements, as well as change management across healthcare information technology (HIT) vendors, provider IT departments and payer IT departments remain barriers."

"The challenges identified by Gartner are the driving forces of our mission, which from the start has been to radically improve healthcare interoperability," said Will Tesch, CEO of HealthLX. "As a founding member of Health Level Seven International's (HL7) Da Vinci Project, we've seen the efficacy of the FHIR standard in enabling CDI. The platform we've developed and which is already in use by many health systems enables payers to deploy FHIR resources and accelerate compliance without the need for custom solutions or replacement of legacy systems."

The 2020 Hype Cycle report states that "Gartner believes that the unique circumstances in 2020 will accelerate payer adoption of an enterprise approach to CDI over the next two to three years. We see an upward trend in strategic planning initiatives to establish CDI as a payer core capability, as well as a rapidly expanding vendor landscape. Immediate CDI initiatives will focus narrowly on regulatory compliance, and these efforts will establish the foundation to ingest and exchange clinical data broadly. Hence, we advance this profile to the midpoint between the Peak of Inflated Expectations and the Trough of Disillusionment and expect CDI to achieve mainstream adoption within the next three years."

"Gartner's projection is absolutely in line with what we are hearing from our customers," said Tesch. "As a team that's worked in the CDI space for years, and that's personally invested in solving interoperability challenges in order to improve healthcare for all, we are very excited to see this trend gaining momentum."

*Gartner, "Hype Cycle for U.S. Healthcare Payers, 2020", Mandi Bishop, Jeff Cribbs, Bryan Cole, 5 August 2020.

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Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's Research and Advisory organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About HealthLX
HealthLX(TM) (Healthcare Language Exchange) gives payers and providers an interoperability engine designed specifically for healthcare data exchange, including the CMS Interoperability and Patient Access Final Rule. The HealthLX platform supports FHIR natively, and also supports an array of older healthcare data standards (HL7 v2, EDI, CDA). HealthLX simplifies the effort and cost of new solution integration by creating modern API endpoints on legacy systems, all while providing highly configurable security and enhanced levels of transaction monitoring. As a founding member of Health Level Seven International's (HL7) Da Vinci Project, HealthLX has been working with and supporting the development of use cases and the FHIR standard itself, to comply with the Cures Act mandates. For more information, visit http://www.healthlx.com.

For media inquiries, please contact:
Jennifer Behnke
Director of Marketing, HealthLX
marketing@healthlx.com

SOURCE HealthLX