Benefits of Using Electronic Data Interchange Transactions

There are a number of advantages to enrolling and submitting claims online. Claims and other transactions submitted electronically process considerably faster than paper submission. For example, HIPAA-compliant electronic claims are held in the payment floor for 14 days whereas paper claims are held in the payment floor for 29 days.

Not only do the claims process and complete faster, but the claims are received much faster. With EDI submission you do not have to worry about the postal service and the amount of time it takes for your claims to reach us after you send them. With electronic claim submission, once you or your electronic vendor send the claims, we receive them after the next daily cycle.

Some of the other advantages of electronic submission include:

• • Increased cash flow and lower administrative costs
  • Ease of billing
  • No paper claims to complete
  • Added efficiency and accurate claims filing
  • Posting of payments process easier from electronic file
  • Specific EDI email inquiry form
  • EDI Helpdesk for electronic claim questions

Using EDI to submit your claims to Medicare will allow you to input your claim data one time. That data is then submitted to Medicare (and other payers) quickly and easily and claim determinations are received sooner and easier. EDI is the quicker, easier and less burdensome path to help your office flow. For additional information related to EDI services, you can review the NGS EDI Solutions web page.

Posted 9/2/2020