Bellevue, WA (PRWEB) December 15, 2014
Edifecs, Inc., a global health information technology solutions company, announced today that it has been selected as a finalist in this year’s Fierce Innovation Awards: Healthcare Edition, an awards program from the publisher of FierceHealthIT, FierceHealthcare and FierceMobileHealthcare. Edifecs was recognized as a finalist in the category of revenue cycle management for its innovative, industry leading product, Edifecs Collaborative Testing.
Finalists were selected by a distinguished panel of CIOs from renowned U.S. hospitals and healthcare systems, including Allina Health, Rush University Medical Center, Mayo Clinic and JFK Health Systems. A complete list of judges can be found at https://www.fierceinnovationawards.com/healthcare/2014/judges.
The Fierce Innovation Awards recognize pioneering technologies and solutions that will catapult healthcare delivery into new realms. "We continue to be blown away with the high level of innovation we see from our entrants. We are honored to showcase their innovative solutions," said Wendy Johnson, publisher of FierceHealthIT, FierceHealthcare, and FierceMobileHealthcare.
All applications were evaluated based on the following criteria: quality of care and patient outcomes, care efficiency, financial impact, market validation and overall innovative “fierceness.” Finalists were selected based on a calculation of the judges’ scores in each area.
“We based our award submission around the external end-to-end testing work we have been doing with the Massachusetts Health Data Consortium and other customers. Edifecs Collaborative Testing has created a neutral platform where diverse trading partners can rapidly code and adjudicate a large number of claims in ICD-10. Once claims are adjudicated, participants know exactly where they stand with the ICD-10 transition and it’s clear if further action is necessary to address transition risk,” said Carrie Bauman, director of product marketing for Edifecs. “These tremendous results across hundreds of testing partners are a testament to the power of the Edifecs Collaborative Testing solution. We are honored to have been selected by the Fierce Innovation Awards and share this nomination with our colleagues at Massachusetts Health Data Consortium and our other collaborative testing customers.”
Edifecs Collaborative Testing solution is a secure, Web-based testing portal that serves CMS, payers and provider trading partners. The solution provides a unique community-based testing model designed specifically for ICD-10 risk mitigation. It is a comprehensive, integrated solution covering all providers and spanning all stages of end-to-end testing. Working together, the trading partners build confidence in financial and coding outcomes. Test data can be generated in standard and proprietary formats such as HIPAA 5010, ICD-10, X.12, etc. The Collaborative Testing solution is a cloud-based model that can be rapidly deployed without disruption to current systems or infrastructure – saving time, staff resourcing and money.
For more information, visit http://www.edifecs.com.
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Edifecs develops innovative, cost-cutting information technology solutions to transform the global healthcare marketplace. Since 1996, Edifecs technology has helped healthcare providers, insurers, pharmacy benefit management companies and other trading partners trim waste, reduce costs and increase revenues. More than 350 healthcare customers today use Edifecs solutions to simplify and unify financial and clinical transactions. In addition, Edifecs develops supply chain management solutions to support worldwide customers in non-healthcare industry segments. Edifecs is based in Bellevue, WA, with operations internationally. Learn more about us at http://www.edifecs.com.