Medicare EDI Acronyms and Definitions Medicare EDI terms given below are represented by acronyms and definitions as assistance to understand the Medicare EDI terminology used in health care and insurance. EDI – Electronic Data Interchange – the process of using nationally established standards to exchange electronic information between business entities. HIPAA – Health Insurance Portability and Read More →

CPFR Model – Modern Concept Of Business Efficiency CPFR Model also known as Collaborative Planning, Forecasting and Replenishment was developed by VICS in 1998. Actually, it is a nine-step process that aims to enhance supply chain integration. In simple words, CPFR Model helps to share forecast and planning information among several business partners and serves Read More →

Conformance Testing And Specification Compliance Conformance Testing means a method of audit used to ensure that a specific software solution, product or system meets the defined standards (specification). In Electronic Data Interchange Conformance Testing is used to check the specification document and to define whether it correspond the stated rules and standards. Before starting Compliance Read More →

Application Acknowledgement General Definition And Types Application Acknowledgement is a transaction set that actually represents a response to a received transaction. We can outline the following examples of an Application Acknowledgement in EDI: 855 Purchase Order Acknowledgement (response to the received and processed Purchase Order), 824 Application Advice (a generic application acknowledgment used for any Read More →

Communication Software: What Is It For? Communication software is usually represented by an application or a program that serve to send information from one computer (system) to another. In EDI communication software is used for remote access and transmitting files in the agreed and set by parties file formats. Also, this definition covers different means Read More →

Electronic Funds Transfer Basic Requirements Electronic Funds Transfer (EFT) serves for Medicare to send payments directly to a provider’s financial institution whether claims are filed electronically or on paper. All Medicare providers may apply for EFT. Advantages of Electronic Funds Transfer  EFT is similar to other direct deposit operations such as paycheck deposits, and it offers Read More →

Application Software: Description And Types Application Software is a software used to perform single or several functions specific to the definite computer environment. Application software literally means a program (group of programs) designed for the end user in certain business environment. Speaking about business application software we should mention software used in retail, logistics, warehousing, accounting Read More →

ANSI Format: A “doubled” modification Of Former ASCII ANSI Format was developed by The American National Standards Institute and presents itself as a Microsoft-related standard for character set encoding. Also ANSI Format serves as a modified ASCII (the American Standard Code for Information Interchange) character set. If we compare the ASCII code and the ANSI Read More →

DESTIM EDIFACT Message Basic Definition DESTIM EDIFACT means Equipment damage and repair estimate message that is used in Electronic Data Interchange (EDI) between trading partners involved in administration, commerce and transport. DESTIM EDIFACT can be used by a container equipment repair depot to send an owner or user a description of damages to the equipment, as Read More →

IP Address Definition and Types IP Address (Internet Protocol address) is identified as a unique address for computing devices (personal computers, smartphones, tablets etc.) and serves for communication in the IP network. This means that any device that is connected to the IP network must be identified as an entity and have its unique IP. Read More →