Trading Partner installs in mere minutes, and with our Trading Partner kits lets you add support for hundreds of retailers and trading partners in seconds. Trading Partner provides a fully automated platform that lets you create simple or sophisticated workflows of your EDI, letting you put EDI where it belongs - out of your mind. With advanced features like email notification and one of the most reliable engines in the industry, Trading Partner lets you finally take full advantage from the promise of EDI.
TP7! Free Trial
Case Studies Call Now
BI Workshop Call Now
The Data e-Book Call
EDI Healthclaims Network
EDI has historically been associated with the manufacturing and retail
value chain. While this is certainly where EDI found some of
its earliest proponents, the EDI Healthclaims network has also become
a significant proponent and user of EDI because of the significant
cost savings, increased productivity and reduction of errors associated
with the EDI Healthclaims network. In it's most basic definition,
an EDI Healthclaims network is an organization that uses EDI to enable
the exchange of medical claims and bills directly between hospitals
and their providers. In this manner, the EDI Healthclaims network
is very similar in scope and role to the EDI VAN and EDI Service Bureaus
that operate in the retail value-chain.
How an EDI Healthclaims network Works
The basic operational process of the EDI Healthclaims network is rather
simple. At its most basic function the EDI Healthclaims network
works very much like the US post office - allowing buyers and sellers
to exchange health care information in an electronic means. While
this most basic definition might seem redundant, the biggest benefit
of the EDI Healthclaims network is the electronic component, allowing
hospitals and their vendors to exchange information in purely electronic
means, eliminating manual data entry, minimizing mistakes and providing
significantly faster turnaround times that manual processes allow.
How to Get Ready for the EDI Healthclaims network
Unlike in the retail world where the customer is king, EDI in the
healthcare field is often driven or "mandated" by suppliers;
specifically, large companies like Cardinal Healthcare and the pharmaceutical
companies. When smaller hospitals and hospital chains are required
to being trading using EDI, they often don't understand the process
and can have trouble getting started. This is where the EDI Healthclaims
network comes into play, allowing health care providers to find an
efficient, easy to use and easy to adopt service that can make processing
claims using EDI easier and faster.
Moving Away from the EDI Healthclaims network
Would a hospital ever move away from using an EDI Healthclaims network? For
some the answer might be no, but for hospitals that
truly embrace EDI the long-term proposition of an EDI Healthclaims
network can be rather expensive. These organizations will often
bring the use of EDI software in house in an effort to establish more
direct relationships with their vendors, thereby bypassing the EDI
Healthclaims network.
Regardless
of whether your organization ultimately uses an EDI
Healthclaims network, the benefits of EDI are far
too great not to at least explore the option. Over
time you will find that using EDI to process your
healthcare claims reduces your costs dramatically while achieving a
significantly higher accuracy rate and at the same time providing faster
and better care to your patients.