It’s Time for Healthcare to Replace Slow Manual Data Processes with EDI
Does your organisation still rely of mountains of paperwork and manual procedures to transfer data? If so, electronic data interchange (EDI) is a more secure, cost-effective, and accurate way to exchange healthcare data.
The future is here, and it’s changing the healthcare industry
The COVID-19 pandemic accelerated many technological advancements in the healthcare industry.
Here are 3 important health tech innovations that are beginning to make waves:
Already, artificial intelligence (AI) is aiding
medical professionals in making quicker, more
accurate decisions – based on a wealth of past patient data. Predictive analytics works to assess risks, predict results, and improve
Rather than taking a one-size-fits-all approach, precision medicine is tailored to the individual. Taking into account genetic, lifestyle, and environmental factors. Precision medicine empowers healthcare providers to make more timely and informed decisions.
McKinsey & Co predict a 40% decrease in the
global disease burden by 2040. Technologies
that aid disease prevention, such as wearable
devices and gene editing, will likely play a key
role in making this happen. Faster, more efficient data exchange is also a critical factor.
Is your healthcare organisation facing the following challenges?
Patient data is still not routinely shared amongst many providers – leading to a lack of visibility, delays, and harmful patient outcomes.
Lack of Transparency
Patient data that is withheld by medical providers amounts to huge unnecessary healthcare costs. In some cases, this leads to incorrect treatments that result in dangerous patient outcomes. This lack of transparency is a critical issue that must be addressed by the industry at large.
Slow Legacy Technologies
In general, new healthcare technologies require iteration before they can fully be relied upon. When the stakes are high, this iterative process can result in serious consequences. Result, healthcare professionals are stuck with inefficient, outdated technologies.
Manual Processing Errors
Every day, countless hours are lost to manual data handling. Not only are these paper and manual procedures inefficient and expensive, but data entry errors inevitably occur. These mistakes can take weeks to fix and in some circumstances negatively affect patient outcomes.
Healthcare EDI provides quick, flexible solutions
Cut out slow, costly processes with fully automated end-to-end EDI software solutions. Data Interchange has over 35 years experience helping increase healthcare supply chain efficiency.
Here are 3 ways EDI can help your organisation:
Cut Costs with EDI
Join other healthcare organisations who save $1.49 per claim with EDI. Speed up the claims process and reduce admin overhead. Process claims in a few clicks, and avoid costly manual processing errors.
Secure & HIPAA Compliant
It’s not secure to send and receive data in 100s of different formats. Step up data security with encrypted standardised EDI formats. Where only the transaction recipient can decrypt the file.
Reduce Claim Errors
Paper-based claims are prone to errors. And mistakes lead to lengthy payment delays. But EDI claim verification is fast, effortless, and greatly increases data accuracy.
Data Interchange and the Healthcare Industry
For more on Data Interchange and our experience with providing custom EDI solutions in the healthcare industry, check out this case study:
Our team works with you and your supply chain partners to provide support when needed, optimise workflows, solve problems and seamlessly onboard new trading partners.
Access EDI documents from the cloud via a single connection, simplify EDI infrastructure and integrate sophisticated analytics and control tools to optimise outcomes.
A tailored outcome
EDI-as-a-Service is built around your specific requirements. We provide support where needed, and automation where possible. Never miss a beat and get outcomes guaranteed.
How EDI-as-a-Service works
This modern EDI overhaul is a collection of inclusive cloud-based tools, pulling together multiple types of EDI alongside managed services and software-as-a-service.
Benefit from automatic emails to suppliers once an order is available in the web portal.
Our specialist team monitors processes and are in place to quickly respond whenever issues arise.
Access dashboards with flexibility over your real time data and advanced reporting capabilities.
Support for various ERP systems, ensuring the automatic sending and receiving of data.
Multiple EDI standards
Utilise the ability to translate data into recognised formats with the help of our integration specialists.
Smooth trading partner onboarding
Our team can on-board new partners and migrate EDI message flows on your behalf.
Change gear with EDI-as-a-Service
If you’re looking to take supply chain management to the next level, Data Interchange is here to help. Talk to an expert to begin your journey today.