Elec Data Interchange
- Services
- Elec Data Interchange
- A/R Management
- Claim Preparation
- Coding Services
- Credentualing
- Denial Management
- Elec Data Interchange
- Elec/Paper Claim Submission
- Meaningful Use
- Patient Services
- Payment Posting
- Reporting
- Revenue Optimizer
Efficiency Unleashed with NBW Consultants' Electronic Data Interchange (EDI)
Electronic Data Interchange (EDI) is the standardized exchange of business transactions between computers. NBW Consultants harnesses EDI technology to facilitate seamless communication of claims, electronic remittance, claims payment, eligibility, and other essential information, promoting a paperless and efficient process.
Benefits of EDI with NBW Consultants:
- Expedited Claims Payment: Enjoy faster claims payments and confirmation reports while eliminating paper-related expenses.
- High Electronic Submission Rate: Nearly 80% of NBW Consultants’ claims are submitted electronically, ensuring quicker processing and payment.
- Faster Transactions: Providers can submit transactions more rapidly, receive payments promptly, and achieve cost savings compared to paper or manual transactions.
- Cost Savings: A recent study found that EDI claims processing reduces the average provider’s cost per claim by $3.56, translating to significant annual savings.
- Enhanced Tracking Tools: Access tools for tracking electronic claims status, improving timely filing, and receiving daily accept/reject reports for better receivables and account reconciliation.
- Comprehensive EDI Solutions: NBW Consultants offers 837 electronic claim submission, 835 electronic remittance advice, and EFT payments through approved clearinghouses, providing comprehensive EDI solutions for providers.
NBW Consultants’ EDI services streamline your billing operations, reduce costs, and enhance the efficiency of your practice, allowing you to focus on delivering exceptional patient care.
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