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:9/21/2017)... Va. (PRWEB) , ... September 21, 2017 , ... ... with a different approach to addiction recovery at a time when Virginia faces ... deaths resulting from drug overdose, a staggering increase of 38 percent from 2015, ...
(Date:9/21/2017)... ... September 21, 2017 , ... ... the acquisition of Isle at Kingwood Assisted Living and Memory Care located at ... retirement community with 55 assisted living apartments, 43 memory care apartments and 23 ...
(Date:9/21/2017)... ... September 21, 2017 , ... In ... and Clark College Emeritus Professor of Education Gregory A. Smith examines student privacy ... Asleep at the Switch: Schoolhouse Commercialism, Privacy, and the Failure of Policymaking . ...
(Date:9/20/2017)... CHARLOTTE, NC (PRWEB) , ... September 20, 2017 ... ... for Transformation and Centers of Excellence (CoE) with the latest Artificial Intelligence (AI) ... newly designed presence offers quick and easy access to essential information that offers ...
(Date:9/20/2017)... , ... September 20, 2017 , ... ... one of the Best Places to Work in the Research Triangle for 2017. ... Once nominated, a company had to meet a threshold in employee participation--a percentage ...
Breaking Medicine News(10 mins):
(Date:9/7/2017)... Ind. , Sept. 7, 2017  Zimmer Biomet ... in musculoskeletal healthcare, today announced that it will be ... Global Healthcare Conference at the Grand Hyatt hotel in ... 11, 2017 at 11:40 a.m. Eastern Time. ... via Zimmer Biomet,s Investor Relations website at http://investor.zimmerbiomet.com ...
(Date:9/6/2017)... Sept. 6, 2017 NeuroRx, a clinical stage biopharma ... and Behavior (ASIB), has been granted Fast Track status by ... of NRX-100 (ketamine HCl) followed by NRX-101 (D-cycloserine + lurasidone). ... trial of this sequential therapy targeting patients who are admitted ... ...
(Date:9/5/2017)... LONDON , Sept. 5, 2017  Just 18 ... Valid Insight is pleased to announce the appointment of ... Tammy Wynne , Dominic Jones-Phillips and ... from industry. ... a team of market access writers. She has over ...
Breaking Medicine Technology: