X
-Link Electronic Data Interchange (EDI) will automatically
transfer patient demographic, insurance, billing, and claim
information from the PMS to the EDI Receiver.
X
-Link EDI is an All-Payer solution which allows you to pick
which claims to send directly to the insurance carrier (if
available in your area), or to YOUR choice of clearinghouse.
Most practice management systems do not allow your choice of
clearinghouses and/or don't allow claims directly to the
insurance carrier.
X
-Link EDI circumvents this by connecting natively to the PMS
database and sends HIPAA ANSI X12N 837 compliant
transactions to a large choice of EDI Receivers.
Electronic
Claims Processing is a process by which practices and
hospitals can send their insurance claims via Electronic
Data Interchange (EDI) to the insurance carriers. The
benefits of EDI include faster claims reimbursement,
electronic claims error checking (called claim edits),
reduced paperwork, increase productivity, and happier office
personnel.
Key Benefits
- Scrubs Claims to Ensure Compliance
- Tracks Claim Status
- Automatically Posts Remittance Advice
What Is
Electronic Claims Processing?
Electronic Claims Processing is
the method by which you send claims to the insurance carrier
electronically instead of by paper.
With electronic
claims, you send the claims via Electronic Data Interchange
(EDI). Using a modem or an existing internet connection, you
send claims either directly to the insurance carrier, or to a
central processing center, commonly called a clearinghouse.
Clearinghouses send claims to several insurance carriers for
you. Many larger insurance carriers, including Medicare,
Medicaid, and Blue Cross / Blue Shield have created connectivity
to send claims directly to them, without sending claims to a
clearinghouse first.
Electronic claims provide
many benefits that paper claims do not, including:
Error Checking
Most
clearinghouses and many direct claims processing payers
offer front end edits. These check the entire claim
file for errors and immediately reject claims for data entry
mistakes, missing information, invalid information, etc.
Most paper claims are processed by an overworked employee of
the insurance carrier. They will typically stop
processing a claim when they find the first rejection.
Front End edits on EDI claims check the entire claim file
and provide all rejections.
X
-Link EDI has these same edits directly in our software, so
you can fix the problems even before sending the claims.
Faster Reimbursement.
Paper claims take at least a week to simply get from your office
to the payer. With EDI claims, they send immediately. Most
carriers delay payment on paper claims. Medicare delays payment
a minimum of 28 days for paper claims, only 14 days for
Electronic Claims. Rejections will dramatically increase the
payment delay for paper claims. EDI Claim rejections could be
resolved within minutes of transmitting the initial batch.
Immediate Claim Rejection.
With paper claims, you must mail the claim and then wait for the
response. This can often take weeks. With Electronic Claims,
you transmit the claim file in a few seconds and typically get
an immediate response from the front end edits.
Higher Reimbursement Rates.
Because you are sending 3+ times the information with Electronic
Claims vs. Paper, you are much more likely to have the claim
accepted. Payers also have reduced overhead costs for
electronic claims, so they are motivated to process EDI claims
more quickly than paper claims. They want ALL providers to send
Electronic Claims.
Increased Productivity.
Most offices spend hours each day handling paper claims. You
have to verify the data is correct, print the claims, check
again to make sure they printed correctly, print envelope
labels, sort the claims and insert them into envelopes, seal the
envelopes, and then drop them off. With electronic claims, you
save all of that time by simply sending the claim in few clicks
of the mouse. A few seconds later, you find out if the claims
were accepted or rejected, and why they were rejected.
Reduced Paperwork. Most
medical offices are swimming in paperwork. Paper claims just
add to these piles. Help reduce paperwork by getting a 1 page
summary report of all claims sent in one day, instead of a copy
of the claims.
X
-Link EDI provides the power of choice - allowing you to
pick your PMS and your choice of clearinghouse or direct
payer, in seamless interfacing. This ensures you can
choose the right option for your office, even if there is
only 1 factory solution.
X
-Link EDI also offers true Claims Management, Claims Status
Response, Electronic Remittance Advice, and Benefits
Management. Additionally, it offers many front-end
pre-edits and claims scrubbing, prior to sending the claims.
Click here
for Technical Update Notes on X-Link EDI