LAKE FOREST, Calif., Oct. 25 /PRNewswire/ -- Beech Street Corporation, the nation’s leading independently owned Preferred Provider Organization (PPO), is pleased to announce the implementation of its 100th Electronic Data Interface (EDI) repricing client, EBA&M Corporation of Westlake Village, CA.
EBA&M Corporation joins the ranks of other Beech Street clients that currently utilize EDI repricing technology, which allows them to submit daily batches of ASC X12N 837 v4010A1 claim transactions electronically to Beech Street.
These EDI transactions are processed through Beech Street’s automated repricing and network provider matching applications and returned electronically to the client via the same method.
Beech Street offers several repricing options to best suit its clients’ needs. They are designed to accommodate client-specific variables, such as expected claims volume and systems capabilities. All repricing services provide clients with the information necessary to properly adjudicate claims and take advantage of Beech Street’s competitive rates.
Benefits of EDI repricing include: * Automates claims repricing for both Beech Street and the client. * Conforms to HIPAA regulations using data & tunnel encryption and 837-file format. * Allows for speedy turnaround. * Eliminates clearinghouse fees. * Sends and receives multiple batches during the day to meet client needs. * Eliminates mail delay and postage costs. * Processes claims for both network and non-network providers. * Reprices facility and professional claims in automated processes that provide quality and consistency. * Improves accuracy, as Automated Quality Assurance and daily audits are performed by a Beech Street Quality Assurance Specialist. * Reduces overall administrative overhead. EDI repricing is available for professional (doctor) and facility claims.
Beech Street Corporation has over 50 years of reliable service in the healthcare industry and has a network of over 380,000 respected doctors, 3,500 hospitals and over 50,000 ancillary network providers. Beech Street provides services such as nationwide primary and secondary network access, URAC accredited and NCQA certified healthcare management services, disease management services, healthcare financial services, out-of-network cost containment solutions, and a Workers’ Compensation program. More information about Beech Street can be found at http://www.beechstreet.com/.
Beech Street Corporation
CONTACT: Mica Matvia of Beech Street Corporation, +1-949-672-1748,Mica.Matvia@beechstreet.com
Web site: http://www.beechstreet.com/