News Facts

Today, Informatica Corporation (Nasdaq:INFA), the world's number one independent provider of data integration software, announced availability of the B2B Data Exchange solution for Healthcare Payers. B2B Data Exchange meets healthcare payer data requirements for HIPAA data validation and HIPAA 5010 migration needs. B2B Data Exchange enables all relevant healthcare enterprises to fully validate HIPAA messages and increase first-pass adjudication rates. B2B Data Exchange provides electronic claims data exchange and HIPAA compliance infrastructure, including HIPAA validation functionality from Edifecs - the leader in HIPAA testing, certification and validation.

Proven enterprise technology solution for healthcare payers

The 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.

Quotes

"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.