Though the Trusted Exchange Framework and Common Agreement (TEFCA), is a relatively new development in healthcare, it has major implications for every healthcare organization and its patients.
In short, TEFCA outlines the terms and conditions that will allow for the exchange of electronic health information (EHI) across different Health Information Networks (HINs). This will make it possible for providers, risk adjusters, and payers to access patients’ health information when and where they need it.
We believe TEFCA is a powerful mechanism for increasing efficiency, driving down costs, and improving patient outcomes. While not the end-all-be-all solution, it’s a vital step in the right direction toward national interoperability.
In this article, we’ll provide a high-level overview of what TEFCA is and why it matters for value-based care organizations.