Value-based care (VBC), at its core, relies heavily on patient-centric care coordination amongst providers, payors, community partners, and even patients. Value-based care (VBC) requires interoperability

Shifting the industry from one in which data was shared in accordance with federal privacy legislation, to one in which data is shared at the directive of the patient. Overall, regulators have made clear their intention to eliminate barriers to interoperability and provide patients greater control of their healthcare. Ultimately, CMS and the Office of the National Coordinator for Health Information Technology (ONC) aim to improve information access in hopes of facilitating more holistic healthcare, improved quality of care, and better support for broader federal and regional public health initiatives such as disease surveillance and health equity. In 2020, the Centers for Medicaid and Medicare Services (CMS) issued additional rules requiring that payors and providers who receive CMS funds make health information more accessible.

Passed in 2016, The Cures Act requires that electronic health record (EHR) systems provide patient-facing application programming interfaces (APIs) to maintain federal certifications. The 21st Century Cures Act has accelerated healthcare innovation, technology advancement, and improved interoperability. Today, regulatory and market forces have led to improved transparency and enhanced consumerization, changing the face of healthcare. These shifting priorities have catalyzed the desire to track patient outcomes and cost-savings for improved quality of care. Healthcare stakeholders are moving away from fee-for-service and towards value-based models to meet the demands of aging and millennial populations while also meeting an ambitious national healthcare agenda.

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