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Electronic Medical Remittance Advice and Payments: A Critical Transition for Healthcare

PublisherPersonix
Format224.4KB PDFDate added17 Apr 2006
Topics Security Management, Best Practices
Downloads151

The technologies and business processes used to move healthcare payments in America today are undergoing a fundamental change. Traditionally, healthcare payments from claims payers, such as insurance companies, to healthcare providers, such as doctors' offices and hospitals, have been entirely paper-based. Electronic submission of medical remittance advice and payments are now recognized as business-critical initiatives to combat rapidly increasing transaction volumes, skyrocketing administrative costs, burgeoning regulatory compliance issues, and changing market demands.

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