Understanding The 21st Century Cures Act: How It Affects Medical Technology

When it comes to medical technology, the decision-making of the government in the field of medicine can have a large impact. It may not seem like it at first, but the technology must allow for changes in laws and regulations. One of the most impactful of these recently has been the 21st Century Cures Act. Since the passing of this law, the medical field has been able to progress even further and faster than ever before. 

Understanding The 21st Century Cures Act? 

Once there is an understanding of the 21st Century Cures Act, it is easy to see the impact that it has on medical transcription companies such as here at Fast Chart. In order to do that, we have broken down the most important information regarding this law and its implications. From history to impact, each one plays an important role in the path that this law has created for the world of healthcare. 

How did the 21st Century Cures Act come to fruition? 

On December 13, 2016, it was signed into law by President Obama. It was a bipartisan bill passed by a Republican Congress and signed by a Democratic President. It has often been called the “most important bill of the year,” by those involved in creating it.  

Since the creation of the law, there have been provisions and other details that have stemmed from it. These all work towards the common goal and original intent of the law itself. While they all apply to the main goal, a few of the provisions play a more key role in topics such as medical transcription technology. 

What is it? 

According to the U.S. Food and Drug Administration, the 21st Century Cures Act was designed to help accelerate medical product development and bring new innovations and advances to patients who need them faster and more efficiently. As technology in the medical field continues to grow, the act can play a part in making that progress easier for everyone.  

As part of a continuous process, the act aims to modernize clinical trial designs and clinical outcome assessments. This can speed up the development and review of new medical products that can greatly benefit patients. It is another step towards an easier path for patients as they are on their medical journey. 

Why is it important to medical technology? 

In 2020, the Federal Register put out a document detailing certain provisions of the 21st Century Cures Act. These provisions were in an effort to advance interoperability and support the access, exchange, and use of electronic health information.  

As a medical transcription company, we deliver innovative, accurate, and affordable outsourced clinical documentation and technology solutions for hospitals, clinics, and physician practices. At our core, we are fully entered into the world of electronic health information. From further looking at the provision of the 21st Century Cures Act, it is clear that the support of access, exchange, and use of electronic health information aids in our pursuit towards helping medical professionals in those realms. 

In modern times, the world of medicine is often thrust into the basis of technology. One does not exist often without the other. While this may seem like an overwhelming relationship, laws such as the 21st Century Cures Act helps make it progress and grow for the betterment of patients and doctors alike. Do you want to know more about the history and meaning behind the 21st Century Cures Act? Our staff at Fast Chart is here to give you insight and answers to any questions you may have. Check out our website or give us a call at (919) 477-5152.

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