Navigation Links
Rising Medical Solutions and WorkCompEDI Establish Relationship to Provide Workers' Compensation eBilling Solutions
Date:4/8/2008

CHICAGO, April 8, 2008 /PRNewswire/ -- Rising Medical Solutions, Inc. (Rising), a national medical cost containment organization, and WorkCompEDI, an electronic transaction clearinghouse company, recently established a relationship to process electronic billing transactions between healthcare Providers and Payers of Workers' Compensation claims.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080206/AQW030LOGO-b)

Rising initially contracted with WorkCompEDI to implement a national clearinghouse solution in compliance with the eBilling requirements mandated by the Texas Department of Insurance. This mandate, effective January 2008, requires Texas healthcare Providers to submit electronic Workers' Compensation bills and attachments to insurance Payers in a state-approved ANSI 837 format. In return, Payers are required to electronically submit remittance advices to Providers in an ANSI 835 format.

Subsequent to January, Rising and WorkCompEDI have deployed connectivity to Rising's Payer clients in additional states. As eBill protocols are increasingly being standardized and adopted by various states, this alliance ensures Rising clients will have access to fully compliant and fully integrated electronic transaction services that meet the regulatory standards adopted in these new jurisdictions.

Addressing Payers' complete workflow needs, Rising's eBilling solution includes receipt of electronic medical bill submissions, review and repricing of medical charges, provision of electronic explanation of reviews, processing of corresponding Electronic Remittance Advices (ERAs), and satisfying other mandated state reporting requirements. Additionally, Rising's capabilities include processing Provider payments on behalf of its Payer clients should they so choose.

Rising COO Cecil Pickens states, "For numerous reasons, the Workers' Compensation industry has been slow to initiate electronic billing and payment between Providers and Payers -- a practice that is commonplace in other healthcare segments. We are excited that, in conjunction with our relationship with WorkCompEDI, our Payer clients are able to access electronic processing capabilities through a single integration point with Rising." He adds, "With technological advancements where they are today, we are able to leverage our own technology innovation and investments while limiting additional capital outlays required by our clients and allow them to focus on core business competencies."

Comments WorkCompEDI President/CEO Marc Menendez, "We are very pleased to have been chosen as Rising's eBilling clearinghouse partner for the Texas mandate and we are excited to increase the depth of our partnership to other states. Both companies have worked hard to ensure that Rising clients experience a quick and smooth transition to the eBill solution. By combining WorkCompEDI's advanced EDI clearinghouse capabilities with Rising's leading bill review programs, Rising is able to deliver an end-to-end electronic medical bill processing, auditing, and payment solution to the Workers' Compensation marketplace."

About Rising Medical Solutions, Inc.

Headquartered in Chicago, Illinois, Rising is a leading medical-financial solutions organization that services the auto, workers' compensation, and liability markets. Through its comprehensive medical cost containment and care management programs, Rising provides compelling business outcomes to clients nationwide, including insurance carriers, self-insured employers, government organizations, third party administrators, and attorneys.

Media Contact

For more information, contact Rachel Racz at rachel.racz@risingms.com / 877-747-4644, x5893.
Available Topic Expert(s): For information on the listed expert(s), click appropriate link. Jason Beans http://profnet.prnewswire.com/Subscriber/ExpertProfile.aspx?ei=73105


'/>"/>
SOURCE Rising Medical Solutions, Inc.
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. Rising Medical Solutions Partners With myMatrixx to Deliver Integrated Pharmacy Management Solutions
2. Rising Australian biotech stars set to connect on the world stage
3. Cato Study Finds Iran a Surprising Model for Kidney Markets
4. Urban planning a factor in rising obesity rates, says new report
5. San Antonio Employers Look to Wellness Programs to Tackle Rising Health Insurance Premiums
6. Successful Massachusetts Healthcare Reform Initiative Faces Rising Healthcare Costs in Year Two
7. Surprising New Research Indicates that Significant Numbers of Children as Young as 11 are Engaging in Sexual Activity and that Dating Violence and Abuse are Part of Their Relationships
8. Rising Medical Solutions, Inc. Ranks Fifth on the Private Company Index (PCI) Top Growth Companies List
9. Independent Review Organizations Poised to Help Reduce Rising Healthcare Cost
10. Asymptomatic peripheral artery disease prevalence is rising
11. Survey of Iowa Voters Reveals Surprising Results and Attitudes Toward Americas Health Care Crisis
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/8/2016)... , ... February 08, 2016 , ... ... its newly redesigned website, federallabs.org . The site houses a wealth of ... available federal technologies through the process called technology transfer (T2). As a network ...
(Date:2/8/2016)... ... ... famous for gift giving with flowers, chocolates and other tokens of affection meant to remind ... than 5.6 million Americans suffering with Alzheimer’s, those store bought gifts - no matter ... they’ve led and the people they’ve touched. , That’s why Give To ...
(Date:2/8/2016)... , ... February 08, 2016 , ... ... and clothing, announced expansion into Canada to provide its range of unique and ... sales office in Quebec City that will provide bilingual customer service and marketing ...
(Date:2/8/2016)... , ... February 08, 2016 , ... Delta Dental of ... help combat pancreatic cancer. , Gary D. Radine, who recently retired as president and ... American Cancer Society’s 2015 CEO of the Year , helped lead the effort ...
(Date:2/8/2016)... ... 08, 2016 , ... FileHold's document management software has been ... cloud hosted environment for FileHold software that is pay per user subscription-based and ... using the FileHold web services API. DocuSyst also advises clients on fully functioning ...
Breaking Medicine News(10 mins):
(Date:2/8/2016)... 2016  Sangamo BioSciences, Inc. (NASDAQ: SGMO ... that the U.S. Food and Drug Administration (FDA) ... application for SB-318, a single treatment strategy intended ... I (MPS I). The SB-318 IND application is ... Phase 1/2 clinical study (SB-318-1502) designed to assess ...
(Date:2/8/2016)... BioPharma Corp. (CTI BioPharma) (NASDAQ and MTA:CTIC) today announced ... Food and Drug Administration (FDA) on February 4, 2016, ... on the clinical studies being conducted under the Company,s ... hold impacts part of the clinical work currently being ... clinical trials. --> ...
(Date:2/5/2016)... Feb. 5, 2016 Amgen (NASDAQ: AMGN ) ... Global Healthcare Conference at 9:15 a.m. ET on Wednesday, Feb. ... David W. Meline , executive vice president and chief ... audio of the presentation can be accessed from the Events ... replay of the webcast will also be available on Amgen,s ...
Breaking Medicine Technology: