Source: NAHU.org

During a hearing before the House Energy and Commerce Committee on Tuesday, Henry Chao, deputy chief information officer and deputy director of the Centers for Medicare and Medicaid Services’ Office of Information Services, delivered a bombshell — 40% of the IT systems supporting the federal exchange still need to be built. While Chao alluded to this during a House Oversight and Government Reform committee hearing last week, he went into more detail on Tuesday. Specifically, the financial management tools (the process that will deliver payment to insurers) still hasn’t been built…

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