Cedar Knolls, New Jersey (PRWEB) October 09, 2012
iHCFA announced that the New York State Insurance Fund (NYSIF) has selected iHCFA to provide state-of-the-art processing for the electronic submission of medical bills and supporting documents to NYSIF for 5 years. Electronic billing validates the submission of bills and expedites payments to medical providers, reducing more than 50% of phone calls inquiring about the status of bills. This represents a major improvement in customer service for Providers and allows for more productive time for NYSIF claims professionals.
iHCFA is a national Clearinghouse serving 50 states and leader in web based claims submission specializing in processing Automobile, No Fault and Workers' Compensation bills along with all supporting documents. iHCFA is connected to more than 450 national Payers. iHCFA excels at using Electronic Data Interface (EDI) to connect to any medical billing application or insurance carrier in the country. EDI interface provides large or small volume submitters with a fully electronic billing solution for bills and simplifies the entire submission process. Payments are processed faster and more accurately.
Through the easy-to-use iHCFA interface, the powerful edits and rules engine screens the bills before they are submitted resulting in the transfer and acknowledgement of a “clean bill.” iHCFA accepts bills and supporting documents from physicians, hospitals, medical billing companies and software developers. With the best User Interface and screen clarity in the business, iHCFA records all associated processing steps and status, which permits its customers to better manage their claim revenue cycle and shorten the payment cycle.
William DeGasperis, CEO and president of iHCFA, is pleased to be selected for the second time by NYSIF, among the largest Workers’ Compensation insurance carriers in the country. “We are thrilled to have been recognized and validated by NYSIF once again for our leading-edge and innovative technology. We look forward to our continuing relationship and to providing NYSIF with the best product and best customer service for their electronic billing needs. The technology and solutions we provide benefit policyholders, claimants and medical providers; it’s a win-win situation for all.”
iHCFA was the first company in the industry to be certified by the New York Workers’ Compensation Board as an EC-4 NARR XML Submission Partner and is the only company certified by the NY Workers’ Compensation Board to submit the Ancillary Medical Report (AMR) electronically to the Board.
iHCFA is at the forefront of electronic bill and claims processing technology. iHCFA software developers have extensive domain expertise in both provider and insurance billing using complete EDI-based processes and have combined their collective knowledge to develop and continually improve the iHCFA.com solutions. iHCFA is a HIPAA compliant website that is secure and easy to navigate. The site went live on July 1, 2000 and was created using the highest levels of technology to enable productive and efficient access to web-based claims processing. Lost bills and unknown bill status are a thing of the past when using iHCFA. Productivity and cash flow increase significantly. For more information please visit: http://www.ihfca.com.