EDI Electronic Claims Submission
MBS provides real-time solutions with the capability of processing claim status, tracking claims, accessing multiple payers through multiple user access and enhancing the reimbursement cycle.
EDI is an advanced form of electronic business to business communication that instantly links MBS with health plans, and government payers.
EDI transactions commonly processed by MBS include:
- Claims Submission
- Eligibility Verification
- Claim Status Inquiries
- Electronic Remittance Advice
- Electronic Payments & Statements (EPS)
- Notification Submission
Benefits associated with EDI include:
- Faster processing: Submitting claims through Electronic Data Interchange (EDI) reduces processing time - generating payment more rapidly - which may improve your cash flow.
- More Accurate Processing: Electronic claims tools have editing capabilities to identify missing or inaccurate claim data at the time of submission. Clean claims are more likely to be auto-adjudicated as opposed to manual adjudication - this increases claim payment accuracy which reduces denials since there is no opportunity for human error.
- Eliminates the need for office staff to rekey repetitive transaction information or re prepare documents manually.
- Streamlines administrative tasks and improves office productivity
Contact MBS today to begin submitting your claims through EDI!