Title: What Is Healthcare EDI and Why Does It Matter?
Headings: What Is Healthcare EDI and Why Does It Matter?
What Is Healthcare EDI and Why Does It Matter?
What Is Healthcare EDI?
Healthcare EDI and HIPAA Compliance
EDI and Data Integration Benefits for the Healthcare Industry
Accuracy:
Cost savings:
Start with the Low-Hanging Fruit

Content: efficient processes saves time and money
Automatic data transmission is more efficient because humans are not involved
Automatic data transmission allows those who need the data to receive and act on it sooner
Accuracy: Humans err— which is inevitable— leads to expensive mistakes
Automated data entry drastically reduces the likelihood that errors will take place
EDI helps prevents errors and increase confidence in the accuracy of data you receive
Cost savings: Efficiency and greater accuracy yield greater cost savings for healthcare organizations
EDI and MFT eliminates the time and effort required to support paper-based processes
The US government estimates that healthcare EDI can save $1.49 per claim for physicians with digital transactions
Security: EDI’s format prevents unauthorized parties from being able to access patients’ personal information in a human-readable way
Higher security through healthcare EDI transactions and MFT lowers the risk of HIPAA violations
EDI-based communications protect patients from breaches and organizations from financial penalties and reputation risk
Improved productivity: EDI and related data integration tools can lower costs through higher productivity
EDI transactions reduce time wasted entering data by hand and resolving incorrectly entered information
Healthcare EDI removes uncertainty and the need to confirm the recipient got the information they need
Start with the Low-Hanging Fruit
Despite numerous technological advances, the healthcare industry still relies on an enormous amount of paper and manual procedures. For example, in the early days of the national rollout of testing for the Covid-19 virus, clinical technicians were forced to fax test results to providers. Providers would then have to manually enter the test results before they could be logged, and patients notified. As a result, in some regions of the U.S., patients had to wait weeks for their test results. While an extreme example, it’s not an isolated instance. Every day, antiquated data collection and exchange systems force front line staff in organizations of all sizes to spend unproductive hours on routine administrative tasks.