Press Releases from Smart Data Solutions (4 total)
Increase in Data Sharing and Connectivity in the Healthcare Industry
St. Paul, Minnesota - May 8, 2012 — Data sharing and connectivity are increasing throughout the healthcare industry and many healthcare entities see this as a major objective moving forward. An increase in data sharing has resulted in a reduction in costs, simplified access to data and applications for physicians, expanded data sharing to patients directly, and a reduction in errors.
The largest issue currently hindering large-scale data sharing is the…
Electronic claims processing saves the healthcare industry time and money
St. Paul, Minnesota - January 17, 2012 - HHS estimates that administrative costs can be slashed by up to $4.5 billion due to the new standards for electronic funds transfers (released at the beginning of this month). This comes on top of mounting evidence showing that converting claims processing to electronic saves both time and money.
In the wake of these recent legislative changes, a majority of basic claims are now…
Smart Data Solutions introduces its 5010/ICD-10 conversion solution
St. Paul, Minnesota - January 7, 2010 - Smart Data Solutions, a Minnesota-based provider of data processing solutions for the health care industry, has introduced their solution to the 2012 conversion to 5010 and ICD-10 for all HIPAA transactions. Smart Data Solutions has already completed development of all ANSI X.12 5010 transactions and is currently trading 5010 with all clients who have requested it.
Although each client's 5010 needs require some…
New EDI Platform Cuts Health Care Claims Management Costs
December 14, 2009 – St. Paul, Minnesota – Health care administrators today face unprecedented demands to cut costs. In response, a Minnesota company has unveiled a new claims processing system that can dramatically reduce expenses.
Smart Data Solutions’ OneStream EDI Gateway provides a wide array of services designed to reduce costs and improve administrative control and reporting. It represents a breakthrough approach to claims management for Third Party Administrators, Medicare/Medicaid…
