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Core Transactions = Fast ROI
HealthDataManagement, 06/03/09
Health insurers certified in the CORE Phase 1 rules for a standardized electronic eligibility/benefit determination transaction are seeing a return on investment within a year, according to a new study. CORE is the Committee on Operating Rules for Information Exchange within CAQH, a Washington-based payer advocacy group. The initiative seeks to build industry consensus on tightening of the HIPAA standards to make health care financial/administrative transactions as easy as a bank ATM transaction, while giving providers more information than currently available.
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