Significance of EDI Solutions for Healthcare Intermediaries

Executive Summary

Healthcare, like many other industries, is data-rich. Digital information gets generated in many ways and in varied forms. To leverage the potential it has to bring about a paradigm improvement in healthcare outcomes, it is imperative to device ways to store, transfer, and access it in ways that are legitimate and convenient; and later analyze and act upon the insights that they offer. A strong infrastructure forms the cornerstone of this approach. And EDI (Electronic Data Interchange) forms one of its most critical components.

EDI refers simply to the general interchange of data via a software solution. However, there are different types and standards of EDI that can be applied within a chosen framework.