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Total Assets Under Management (AUM)
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( CAGR)
AI-powered solutions automate claims processing, enhance fraud detection, and personalize member experiences by providing tailored recommendations and support.
Blockchain technology ensures secure and transparent data sharing among healthcare providers, payers, and patients, enhancing interoperability and trust in data management.
Telehealth and remote monitoring enable virtual consultations, remote patient monitoring, and digital health interventions, improving access to care and reducing healthcare costs.
The HIPAA Privacy Rule (updated periodically, most recently with modifications related to information sharing for COVID-19 response) sets national standards for protecting the privacy of individually identifiable health information, including rules for its use and disclosure. It gives individuals rights to access their health information and control how it's used, while allowing necessary disclosures for treatment, payment, and healthcare operations.
Compliance necessitates robust data security measures and transparent data handling practices, requiring Auxiant to invest in advanced cybersecurity infrastructure and training programs to protect sensitive member information.
The ONC Cures Act Final Rule (2020) promotes interoperability and patient access to electronic health information. It prohibits information blocking and requires healthcare providers and technology developers to adopt open APIs and standards to facilitate data exchange. It aims to empower patients with control over their health information and foster innovation in healthcare.
The rule promotes interoperability and data sharing, potentially enabling Auxiant to integrate its systems more seamlessly with other healthcare providers and payers, enhancing care coordination and data exchange while demanding compliance with new technical standards.
The Transparency in Coverage Final Rule (2020) requires health insurers and group health plans to disclose price and cost-sharing information to consumers. It mandates the public posting of machine-readable files containing negotiated rates for in-network services and historical out-of-network allowed amounts. The goal is to empower consumers to shop for healthcare services and promote competition.
These regulations encourage value-based purchasing and transparency, pushing Auxiant to emphasize cost and quality information in its FocusHealth program and ensure compliance with reporting requirements.
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