EFT and RA Transaction Operating Rules IFC Published in Federal Register August 10

August 10, 2012.  Today, the Interim Final Rule with comment period (IFC):  Administrative Simplification:  Adoption of Operating Rules for Electronic Funds Transfers (EFT) and Remittance Advice Transactions, was published in the Federal Register.  The effective date of the IFC is the date of publication, August 10, 2012.   Comments on the IFC may be submitted to the Department of Health and Human Services (HHS) on or before October 9, 2012, with submission instructions included on page 48008 of the IFC.    The Executive Summary (without footnotes) from the IFC follows: “A.  Purpose of the Regulatory Action.  Health care spending in the United States constitutes nearly 18 percent of the US…

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OMB Completes Review of Final Rules for EHR Incentive Program and for Initial Certification Criteria

On Friday, July 9, 2010, the Office of Management and Budget (OMB) completed review of the two Final Rules:  Health Information Technology:  Initial Set of Standards, Implementation Specifications, and Certification Criteria for Electronic Health Record (RIN:  0991-AB58) and Electronic Health Record (EHR) Incentive Program (RIN: 0938-AP78).  RIN means Regulatory Identification Number, used to track a regulatory action through its development.  These rules are on a fast track, follow on the heels of the June 24 Final Rule:  Establishment of the Temporary Certification Program for Health Information Technology (75 Federal Register 36157-36209), and are expected to be available for prepublication inspection at the Federal Register imminently.  For additional information and updates,…

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