Healthpac has entered into a strategic alliance with Practice Insight, a leading provider of electronic data interchange (EDI) solutions to the healthcare community, to form a partnership that offers an integrated solution to automate the exchange of information, improve accuracy and reduce errors in the medical billing process.
As a result of this partnership, healthcare organizations can boost efficiency while improving patient experiences and reducing rejected insurance claims. Practice Insight provides revenue cycle management and electronic data interchange solutions that help healthcare providers manage the reimbursement cycle. The Company’s suite of products enables healthcare practitioners to digitize, automate, and manage every stage of the revenue cycle workflow, reducing bad debt, shortening the collection cycle, and minimizing the administrative support required to manage the reimbursement process.
Practice Insight serves more than 70,000 physicians across more than 150 specialties nationwide through a network of reseller relationships. Far more than a clearinghouse, EDIinsight® from Practice Insight® improves the entire billing and collections process, from EDI submissions to workflow management.
“We’re a software company that finds ourselves in the EDI world,” said Practice Insight CEO Denise Perry. “We wrap our solutions around EDI transactions and continually update our software to improve workflows and improve A/R. We provide very easy to use but powerful EDI tools that cover the entire continuum of medical claims processing. By partnering with Healthpac, we are ensuring that medical facilities that use Healthpac have the best option to improve medical billing, dramatically shortening transaction times with automated data exchange that reduces errors and transaction time.”