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Why EDI Works/Benefits of EDI
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Faster processing: Due to improved technology, submitting claims through Electronic Data Interchange (EDI) reduces processing time - generating payment more rapidly and - which may improve your cash flow.
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More Accurate Processing: Electronic claims tools have editing capabilities to identify missing or inaccurate claim data at the time of submission. Clean claims are more likely to be auto-adjudicated as opposed to manual adjudication - this increases claim payment accuracy, since there is no opportunity for human error.
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Eliminates the need for office staff to prepare documents manually or rekey repetitive transaction information.
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Streamlines administrative tasks and improves office productivity.
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