MBProject Uses Edifecs to Help Banks Coordinate HIPAA Implementation and Transaction Testing with Their Health Clients.Business & Medical/Health Editors BELLEVUE, Wash.--(BUSINESS WIRE)--June 2, 2003 Information exchange, standards setting and automation makes Edifecs' community enablement solution "more than just testing" for Medical Banking Project The Medical Banking Project, a policy research firm that facilitates digital convergence In the days of the first computers, transaction and company data were the first types of information digitized. Then came text, opening the world to word processing, followed by audio CDs and finally video. between the banking and healthcare industries, chose Edifecs to support an automated HIPAA (Health Insurance Portability & Accountability Act of 1996, Public Law 104-191) Also known as the "Kennedy-Kassebaum Act," this U.S. law protects employees' health insurance coverage when they change or lose their jobs (Title I) and provides standards for patient health, implementation and compliance program for the medical banking industry. The solution, dubbed "MBIOS MBIOS Memoryless Binary-Input Output-Symmetric Channel | STAR"(SM), offers free transactions testing, community collaboration and access to the research firm's Medical Banking Portal, a multi-media knowledge resource that has been under development for over two years. "Our research includes active dialogue with government and industry leaders through HIPAA Policy Roundtables, Telebriefings and the Medical Banking Institute. Extending this work through a multi-level community platform that is easy to use, and that offers free transactions testing, certification and cross-industry coordination is critical to our mission. We believe this resource will uniquely support banks during this time of critical industry change," said John Casillas, founder and senior advisor In some countries, a Senior Advisor is an appointed position by the Head of State to advise on the highest levels of national and government policy. Sometimes a junior position to this is called a National Policy Advisor. of the Medical Banking Project. "Community banks need access to economical resources so they are not left behind in the race towards specialized banking services as a result of HIPAA. In this respect, MBIOS | STAR is critical because these banks need solutions that can be implemented quickly and can scale easily. Edifecs has a great deal of experience developing solutions that manage implementations within trading partner communities, whether small or very large," Casillas said. "This is why we chose Edifecs CommerceDesk over other excellent solutions in the marketplace." The Medical Banking Project works with policy makers and leaders in both the financial and healthcare industries to facilitate the orderly development of the medical banking industry. There are more than 2,000 potential medical banking trading partners conducting billions of dollars in electronic healthcare transactions every year, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Casillas. "The Medical Banking Project is working to shift two distinct and massive industries, banking and healthcare, and enable them to work more closely together for mutual benefit," said Sunny Singh, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Edifecs. "We're pleased to play a part in that evolution by facilitating HIPAA implementation in the banking industry with Edifecs CommerceDesk." About the Medical Banking Project The Medical Banking Project was founded in May of 2001 to consolidate a wide range of pro-bono, educative ed·u·ca·tive adj. Educational. Adj. 1. educative - resulting in education; "an educative experience" instructive, informative - serving to instruct or enlighten or inform and commerce activities in an emerging niche' industry called "medical banking". The organization is an independent, self-funded and pragmatic think tank comprised of industry leaders, legal analysts, writers and expert studio production staff. It's work involves: facilitating the medical banking industry niche', providing subject matter expertise, offering strategic advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal for select commercial engagements, facilitating broad industry innovations in medical payment/remittance channels, developing cross-industry educational programming, authoring industry leading white papers on medical banking topics, providing legal expertise for trade publications and associations, actively engaging prominent industry leaders in a bimonthly bi·month·ly adj. 1. Happening every two months. 2. Happening twice a month; semimonthly. adv. 1. Once every two months. 2. Twice a month; semimonthly. n. pl. , nationally recognized series of webcast productions, engaging in pro-bono research for policy makers and associations, creating certification standards and protocols through industry-transforming workgroups, and researching and facilitating charitable and faith-based funds distribution models (i.e., Charitable Communities Network). About Edifecs Edifecs (www.edifecs.com) is a proven provider of solutions for rapidly deploying and managing today's trading partner networks. The Edifecs enablement solution suite encompasses the CommerceDesk(TM), SpecBuilder(TM) and XEngine(TM) product families -- all designed to reduce cost and time-to-market for companies deploying trading partner networks. The Edifecs HIPAA solution provides enablement technologies to accelerate the implementation of HIPAA and healthcare trading communities. HIPAA-Desk (www.HIPAADesk.com), powered by Edifecs' CommerceDesk, is the first free and full service HIPAA compliance checking, testing & certification facility for the healthcare industry. Founded in 1996, Edifecs serves an installed base of more than 1,500 customers and partners including numerous integration software & service providers such as Global eXchange Services, Microsoft, Inovis, Quovadx, Sterling Commerce and TIBCO TIBCO The Information Bus Company . Edifecs healthcare clients include Blue Plans, Medicaids, Commercial Health Plans, Providers, Vendors and Clearinghouses such as Abbot Labs, Baxter Healthcare, BCBS BCBS Blue Cross/Blue Shield BCBS Basel Committee on Banking Supervision BCBS Barre Center for Buddhist Studies BCBS Bay City Baptist School BCBS Bishop Cotton Boys School (Bangalore, India) BCBS Bar Code Business Software Association, BCBS of Alabama, BCBS of Oregon, ENS Health, ProxyMed, WellPoint and many others. Edifecs is a technology partner for more than 30 industry consortia including UCC An abbreviation for the Uniform Commercial Code. , UN/CEFACT UN/CEFACT United Nations Centre for Trade Facilitation and Electronic Business and CompTIA. Based in Bellevue Washington, Edifecs is privately held. For additional information please email sales@edifecs.com. NOTE TO EDITORS: In the HIPAA program noted in this news release, there is a "pipe" between "MBIOS" and "STAR". This symbol may not appear properly in some systems. |
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