Healthcare Finances: EDI Claims Processing and Revenue Cycle Management Efficient claims processing and revenue cycle management (RCM) are indispensable components of a healthcare institution’s financial health. Claims processing is the backbone of healthcare reimbursement. It refers to the intricate system through which healthcare providers, such as hospitals and clinics, submit bills and claims to insurance … Read More →
Benefits of implementing GS1 EDI standards at Ramsay Hospital network In the previous post, we discussed the basis of implementing GS1 EDI standards at Ramsay Hospital. As a result, Ramsay is seeing a wide range of benefits from their EDI deployment, as is every supplier with whom they have worked to implement EDI. Ramsay has achieved … Read More →
Ramsay Health Care getting the benefits of using GS1 standards implementation. Part 1. The basis Ramsay Health Care was established by Paul Ramsay, in Sydney, Australia, in 1964 and has grown to become a global hospital group operating more than 220 hospitals and day surgery facilities across Australia, France, the United Kingdom, Indonesia and Malaysia. It is one of the … Read More →
GS1 Cost and savings calculators for EDI Implementation Cost and savings calculators are important tools to help companies implementing EDI to determine the investment and return from the implementation. Some GS1 Member Organisations have developed cost and savings calculators that demonstrate that using GS1 EDI in Healthcare brings competitive advantages. The Challenge Manual, paper based processing of business transactions exchanged … Read More →