Reston, VI (PRWEB) March 20, 2013
The Workgroup for Electronic Data Interchange (WEDI), the leading authority on the use of Health IT to improve the exchange of healthcare information, announced the creation of a new Property and Casualty Electronic Medical Bill (eBill) Sub-workgroup dedicated to streamlining workers' compensation and auto medical bill and payment processing. This new sub-workgroup consists of industry leaders from state workers’ compensation agencies, providers, payers, eBill agents, clearinghouses, billing services, software vendors and other organizations.
By establishing this sub-workgroup, WEDI will actively influence a rapidly evolving regulatory and business environment for the property and casualty industry, in which medical billing and remittance processes have historically been paper-intensive. States across the nation are adopting regulations to support the growing movement within the Property and Casualty industry to utilize electronic transactions. State regulatory requirements reflect the standard electronic transactions that are used for commercial and government billing and remittance processes, including claims, acknowledgments, attachments and remittance advices. Utilizing uniform electronic transactions will provide for seamless, end-to-end automated workflow for all lines of business. States are also considering policies to promote the use of electronic funds transfer (EFT), which will provide further efficiencies for stakeholders in this market.
“WEDI’s Property and Casualty Electronic Medical Bill workgroup is the first of its kind in the industry,” said Devin Jopp, Ed.D., WEDI President & CEO. “We are very proud to have such a devoted collection of healthcare leaders actively participating on the team. Their work will immediately impact the Property and Casualty eBill industry during these critical early developmental stages.”
To ensure maximum stakeholder participation in this effort, the sub-workgroup is hosting a free introductory webinar, “Bringing automation into the Property and Casualty Industry: Overview of eBilling and How it Works,” on Thursday, March 28, at 2:00 pm ET. Participants will learn how they can support the subgroup’s work by helping to identify successes, remove barriers to eBilling and accelerate and expand industry-wide adoption of eBilling and electronic attachments.
WEDI invites all industry stakeholders to attend the upcoming free webinar, which will offer:
- An overview of the business efficiencies and regulatory policies that are driving the Property and Casualty Industry’s shift to eBilling.
- A state-by-state overview of current and pending regulations to advance eBilling and facilitate electronic attachments
- Return on investment (ROI) metrics revealing why payers and providers have voluntarily adopted eBill and attachment processing nationally
- An action plan for providers, payers and technology vendors to implement eBill and support electronic attachments
Registration for the free webinar is available at: http://www.wedi.org/forms/meeting/MeetingFormPublic/view?id=28AC2000004B0
Registration for the Property and Casualty sub-workgroup is available for WEDI members at: http://wedi.org/workgroups/workgroup-resources/join-a-workgroup
Learn more how to become a WEDI member at: http://www.wedi.org/membership/join-renew
The Workgroup for Electronic Data Interchange (WEDI) is the leading authority on the use of Health IT to improve healthcare information exchange in order to enhance the quality of care, improve efficiency and to reduce costs of our nation’s healthcare system. WEDI was formed in 1991 by the Secretary of Health and Human Services (HHS) and was designated in the 1996 HIPAA legislation as an advisor to HHS. WEDI’s membership includes a broad coalition of organizations, including: hospitals, providers,