Blue Cross and Blue Shield of Vermont Selects Edifecs to Integrate its IT Systems with Vermont’s Health Insurance Exchange (HIX)
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Today,
BCBS of VT is deploying the Edifecs HIX Integration Solution, a hosted solution that integrates member enrollment and billing transactions among insurers, state health insurance exchanges and the federal government to reduce the implementation and operational risk of participating on an HIX. Of key concern for health plans during the first year or two of operating on an HIX are the expected changes and disruptions that will occur as state exchanges, the federal government and the healthcare industry work toward stable and predictable processes and system integration.
The Edifecs HIX Integration Solution serves as a “guardian” for a health plan’s HIX business—shielding and monitoring interactions with HIXs, financial institutions and the federal government. It ensures that only accurate and timely information is sent to core membership systems or reported to the federal government.
“As is the case with most of the health plan industry, we continue to be concerned about the operational readiness of the State and the Federal Governments HIX technical integration with us and we are doing everything we can to not let that impact the consumer experience and to ensure our members and all eligible Vermonters are able to enroll on day one,” said
“To feel more comfortable implementing a project as large as the State’s exchange in such an abbreviated time period we chose Edifecs for its ability to help reduce the impact on our existing IT infrastructure and streamline our integration timeline. Edifecs is a proven partner of ours and their experience with enrollment and claims management made this solution the right technology fit for BCBS of VT.”
Healthcare industry experts view HIXs as central to the effectiveness of the Affordable Care Act because they provide an online marketplace where consumers can shop for, compare and purchase health insurance. According to a recent survey of healthcare professionals at the 2013 Healthcare Mandate Summit, HIX participation in 2014 will be high. The survey also revealed the country’s health insurers are confident they will be ready by the
“While most of the country is focused on the scheduled open enrollment date, the real challenge comes with the operational changes to the business and the long term sustainability of participation in the exchanges,” said
BCBS of VT has taken a leading role in helping
In addition to the new phone line and trained staff, the company will also host webinars, enrollment meetings and provide one-on-one support at a new retail location in
On
About BCBS of VT
About
An industry leader since 1996, Edifecs provides healthcare software solutions that improve operational performance by streamlining the exchange of information among health plans, hospitals, and other healthcare organizations, while enabling compliance with current mandates such as HIPAA, Operating Rules and ICD-10.
Today, more than 250 healthcare customers use Edifecs technology to unify transactions from any information channel source and input mechanism, while automating manual business processes such as enrollment, claims and payments management.
Edifecs is currently recognized as one of the 100 Fastest Growing Private Companies in the state of
Read the full story at http://www.prweb.com/releases/2013/5/prweb10757582.htm
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