Informatica Launches B2b Data Exchange Solution for Healthcare Payers

Informatica's new B2B Data Exchange solution for Healthcare Payers enables healthcare organizations to pursue business initiatives that will lower insurance rates, improve quality of patient care and reduce costs. This is achieved by implementing a patient hub that automates the exchange, validation, transformation and cleansing of data transactions between payers and providers.

• Universal Data Transformation - seamlessly transforms and integrates any data format (HL7, traditional EDI, XML, NCPDP, flat file, mainframe proprietary data, and unstructured attachment) in real time and batch.
• HIPAA Validation Compliance - ensures HIPAA compliance with out-of-the-box transformation and validation support for all available HIPAA rules and transaction sets.
• Migration to HIPAA 5010, ICD-10 and Beyond -supports evolving HIPAA standards with accurate, automated mappings between versions.
• On-Boarding of Partners and Systems - enables rapid and cost-effective on-boarding of healthcare providers and partners.
• End-to-end Data Integration and Visibility - automates the entire electronic claims data exchange process, including the ability to monitor bad data events.

“The Informatica B2B Data Exchange solution for Healthcare Payers is a comprehensive and economical offering for optimizing the electronic claims process, while ensuring HIPAA compliance,” said Girish Pancha, general manager, Data Integration, Informatica. “Customers can now leverage a unified platform for automating the entire electronic claims data exchange process, and avoid having to weave together an assemblage of niche solutions. Healthcare insurers with existing Informatica investments can increase the value of those investments and meet the specific challenges of efficient electronic claims processing and regulatory compliance.” Visit Informatica's solution portal for complete feature details