Lazy

Lazy operates at the intersection of healthcare and technology, offering a specialized web service designed to streamline the complexities of quality measure reporting. The healthcare industry faces significant challenges in quality measurement, from the intricate process of collecting data to navigating the labyrinth of reporting requirements and ever-changing measure specifications. This administrative load is substantial, with U.S. physician practices reportedly spending billions annually on adherence to these measures. Lazy targets these pain points by providing a platform that simplifies the tracking of different measure specifications, guidelines, and data standards, enabling the submission of quality measure data in a fraction of the traditional time.

The company's primary clients are Electronic Health Record (EHR) and billing companies that serve hospitals and healthcare practices. Lazy's business model is centered on offering its quality measure library as a web service. This allows its clients—the EHR vendors—to integrate quality measure reporting and submission capabilities directly into their own products. The service includes support for various reporting requirements, such as electronic Clinical Quality Measures (eCQM) and Alternative Payment Model (APM) based reporting. By licensing its quality measure API, Lazy generates revenue while equipping its partners to better serve the end-users: clinics and hospitals.

The core of Lazy's offering is its quality measure library and API. This tool helps healthcare technology companies stay current with the standards set by bodies like the Centers for Medicare & Medicaid Services (CMS). The platform addresses the disconnect between the intent of quality measures—to improve patient outcomes—and the practical burdens of reporting, which can often feel disconnected from actual patient care. By automating and simplifying the data collection and submission process, Lazy helps reduce the administrative workload on healthcare providers, allowing them to focus more on patient care. This positions Lazy as a crucial infrastructure player within the healthcare technology ecosystem, facilitating compliance and improving efficiency for a wide range of healthcare stakeholders.

Keywords: healthcare quality measurement, quality reporting, healthcare compliance, eCQM, clinical quality measures, health data standards, healthcare API, Alternative Payment Model, APM reporting, electronic health records, EHR integration, healthcare data submission, CMS reporting, quality measure library, value-based care, healthcare technology, health IT, medical billing, data standards, clinical data