Impact of COVID-19 Pandemic on Financial Innovation and Cashless Society
The COVID-19 pandemic has reshaped financial innovation and spurred the rise of cashless transactions. Explore the changing landscape of FinTech companies, digital payments, and cyber risks in a post-pandemic world.
Download Presentation
Please find below an Image/Link to download the presentation.
The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author. If you encounter any issues during the download, it is possible that the publisher has removed the file from their server.
You are allowed to download the files provided on this website for personal or commercial use, subject to the condition that they are used lawfully. All files are the property of their respective owners.
The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author.
E N D
Presentation Transcript
Content Content 1.Update to Rulemaking Timeline for: Chapter 243, Uniform Reporting System for Health Care Claims Data Sets Chapter 247, Uniform Reporting System for Non-Claims Based Payments and Other Supplemental Health Care Data Sets Chapter 270, Uniform Reporting System for Health Care Quality Data Sets 2.Legislative Update 3.Status of Legislative Reports 4.Maine Quality Forum Page 1 MHDO BOARD MEETING APRIL 6, 2023
Rulemaking Timeline Rulemaking Timeline Chapter 243 and 247 (routine technical) Public Hearing: August 3, 2023 Board reviews comments and votes to adopt changes: September 7, 2023 Chapter 270 (major substantive) Public Hearing: September 7, 2023 Board reviews comments and votes to provisionally adopt changes: November 2, 2023 Proposed Rule sent to Legislative Committee by January 12, 2024, deadline 2 MHDO BOARD MEETING APRIL 6, 2023
Status of MHDO Rule Chapter 570 and Status of MHDO Rule Chapter 570 and 100 (major substantive rules) 100 (major substantive rules) L.D. 375, Resolve, Regarding Legislative Review of Portions of Chapter 570: Uniform Reporting System for Prescription Drug Price Data Sets, a Major Substantive Rule of the Maine Health Data Organization L.D. 418, Resolve, Regarding Legislative Review of Portions of Chapter 100, Enforcement Procedures, a Major Substantive Rule of the Maine Health Data Organization HCIFS Committee action on both L.D. 375 and 418-unanimous committee vote to pass as proposed. Now bills working their way through the house and senate. 3 MHDO BOARD MEETING APRIL 6, 2023
Legislative Update LD 1395, An Act to Increase Transparency Regarding Certain Drug Pricing Programs This bill requires each hospital to provide an annual report to the Maine Health Data Organization with hospital data, drug data and contracting and vendor data related to its participation in the federal 340b drug pricing program. The Maine Health Data 24 Organization must post the report on a publicly accessible website. Continue to monitor approximately 30 LD s/LR s 4 MHDO BOARD MEETING APRIL 6, 2023
Legislative Update EMS Financial Health Committee presented recommendations to HCIFS Committee per the requirements in Maine Public Law Chapter 241 (L.D. 1258). HCIFS may report out a bill based on the recommendations. Recommendation 5. (5) Ambulance services should be included on CompareMaine.org Innovation and Quality Advisory Council. The purpose of the Council is to advise the Department of Health and Human Services on strategies to promote innovation and quality in Maine s residential and nursing facility sectors. This group will help identify priority quality of care and quality of life measures for consideration in alternative payment methods. help DHHS interpret and address disparities in care and outcomes across these sectors. The work of the Council will inform the Department s rate reform efforts, as well as broader innovation and quality initiatives such as pilot programs and targeted service delivery development. 5 MHDO BOARD MEETING APRIL 6, 2023
MHDO Report Statute Status Submit to Prescription Drug Pricing Transparency, 3rd report PL 2020, Chapter 470 Completed Joint Standing Committee on Health Coverage, Insurance and Financial Services (HCIFS) Reports Due to Legislature & Timelines Reports Due to Legislature & Timelines Top 25 most frequently prescribed drugs in the State, costliest and highest year-over-year increases, 5th report PL 2017, Chapter 406 Completed HCIFS New: Health Care Expenditures in Maine- Baseline Report PL 2021, Chapter 459 Completed Governor s Office Primary Care Spending , 4th report Plan to send MQF s advisory committee draft report for review week of 2/6/23 PL 2019, Chapter 244 Completed HCIFS & the Commissioner of DHHS New: International Referenced Rate Pricing for Prescription Drugs PL 2021, Chapter 606 Completed HCIFS, Office of Affordable Health Care and the Maine Prescription Drug Affordability Board New: Behavioral Health Care Spending Plan to send MQF s advisory committee draft report for review week of 2/20/23 PL 2021, Chapter 603 Completed HCIFS & the Commissioner of DHHS 6 MHDO BOARD MEETING APRIL 6, 2023
Key Activities Key Activities Developing annual report on rate of healthcare associated infections in the State of Maine Working with MHDO on a strategy to enhance the quality data on CompareMaine Project First Line Deliverables 7 MHDO BOARD MEETING APRIL 6, 2023
