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 […]
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. […]