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.
Notes on X-Link EDI