Press Release

Edifecs Launches Healthcare Suite Aimed at Reducing Friction in Healthcare Transaction Workflow

December 12, 2005: Edifecs, the proven leader in B2B transaction-based interoperability, today announced general availability for the Edifecs Healthcare Suite, a set of powerful applications and technologies that reduce friction in the administrative, clinical, financial and pharmaceutical transaction workflows, both within and between healthcare enterprises. Reducing this friction leads to tremendous savings in costs associated with processing transactions, and eliminates inefficiencies that currently exist within healthcare trading partner communities.

The Suite includes business performance management applications that automate and manage the full lifecycle of transactions; from community enablement, to testing and data validation, real-time transaction monitoring, claim repair and reconciliation, facilitating direct connectivity and providing rich transaction analytics.

The Edifecs Healthcare Suite

Edifecs business performance management applications:

  • Ramp Manager for community enablement
  • Transaction Manager for transaction visibility, monitoring and reporting

Additional applications to be released in 2006:

  • Claims Manager for online claims correction
  • Remittance Manager for value added processing of 835 remittance transactions
  • Analytics Manager, for transaction-based business intelligence
  • Connection Manager for direct connectivity between providers and payers

Run time technologies:

  • XEngine for transaction data validation, splitting and routing
  • Healthcare Transaction RepositoryTM (HTR) as a single source of truth for all healthcare enterprise electronic transactions
  • CommerceDesk® Framework, which provides a grid infrastructure for providing the business performance applications and integration of the Edifecs Healthcare Suite into 3rd party middleware platforms

Design-time tools:

  • SpecBuilderTM for guidelines and rules authoring, management, publishing and QA.

The Edifecs Healthcare Suite is highly customized and optimized for the specific needs of healthcare-related enterprises, and provides a unique value proposition by completely understanding the transaction data and combining data across transactions, related transaction types, trading partners and time frames to enable meaningful analysis.

The Suite provides business applications, run time technologies and tools, all fully integrated into a single framework. Every application and technology within the Edifecs Healthcare Suite is also available a la carte, or may be bundled with other items in the Suite to meet specific business needs.

“We are pleased to announce the Edifecs Healthcare Suite,” said Sunny Singh, CEO of Edifecs. “The release of this Suite further demonstrates Edifecs' commitment to removing friction in the healthcare transaction workflow, and cements our leadership position in technology targeted specifically at improving the efficiency and effectiveness of both payer and provider organizations.”

About Edifecs

Edifecs helps organizations achieve interoperability and dramatic return on investment by enabling, managing and deriving business value from standard electronic transactions within trading partner communities.

Edifecs also provides horizontal solutions for guideline authoring, data validation and partner enablement.

2006 marks 10 years of Edifecs' leadership and expertise in providing innovative technology solutions to over 1600 customers worldwide. Edifecs has over 200 customers and partners in healthcare that include 16 Blue Plans, 35 Medicaid, State and Federal Agencies, along with partnership arrangements with all leading middleware stack vendors. Founded in 1996, Edifecs is headquartered in Bellevue, WA. Company website: www.edifecs.com.

Contact: Kevin Pierce, 425-452-0622, kevinp@edifecs.com.

Edifecs Quick Facts
Founded:
1996

Headquarters:
Bellevue, WA

Employees:
145+

Customers:
1600+

Healthcare Customers:
350+

CEO:
Sunny Singh

Contact Us

To request more information, contact us.

To reach a sales representative, call (425) 452-0620.

For customer support, call (425) 452-0623.