Title: What is Electronic Data Interchange in Healthcare?
Headings: What is Electronic Data Interchange in Healthcare?
What is Electronic Data Interchange in Healthcare?
How EDI in healthcare works
Benefits of EDI in Healthcare
Standardization
Cost savings
Security
Improved productivity
Faster processing
Data-centric healthcare EDI
Looking Ahead

Content: HIPAA EDI standards, however, are not limited to patient transactions or health information exchange (learn more about health care information here ). It also covers other standards such as for healthcare workers’ compensation. Cost savings
Enabling EDI healthcare transactions can result in lower handling costs of processing healthcare documents because it helps eliminate all paper trails and digitize all transactions. With EDI, healthcare players can generate significant savings: $1 per claim for health plans, $1.49 for physicians, $0.86 for hospitals, and $0.83 for others (based on WEDI estimates ). Security
Healthcare EDI systems enable secure transfer of information between healthcare providers and payers or insurers. These healthcare transactions are now more secure because EDI enables secure data transmission, as mandated by HIPAA standards. EDI transactions in healthcare can be made accessible only to authorized users, supporting secure healthcare data management and access. Improved productivity
Using EDI for healthcare transactions improves productivity in that it enables a high level accuracy, efficiency, and speed. Because there is limited human intervention, errors are reduced.