One industry where_ EDI plays an important role is healthcare where uniform standards ensure smooth transactions between both private and government sponsored health insurance plans and the healthcare provider. These standards are mandated by the Health Insurance Portability and Accountability Act (HIPAA), a law passed in 1996 to provide standards for both automating business processing […]
Enforcing IT Standards in an Ironclad Fashion Can Be Counterproductive
Information technology professionals often view things as an absolute choice between right and wrong, black and white and so on. IT standards are like about anything else…there are no absolutes. Gray areas do exist where exceptions to standards inevitably rise. An engineer may want to purchase a software program IT hasn’t approved of or a […]
Online Beneficiary Management Service Latest Example of EDI Integration
Just to give you a real-world of example of electronic data interchange (EDI), First Dearborn Life Insurance Company has just announced a new system allowing employees to make their group life insurance beneficiary designations without completing a paper form. Employees will have access to the system 24 hours a day, 365 days a year. Tony […]
Who Develops Standards for Electronic Data Interchange?
EDI plays a critical role in operating a business in today’s globalized economy. To facilitate the electronic exchange of business information, standards have to be developed. In the U.S., these standards are referred to as ASC-X12 and are developed by a group of the same name chartered in 1979 by the American National Standards Association. […]