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Issue: 2007-05-22 NYSIF Announces Electronic Medical Billing ProcessALBANY, N.Y., May 22 – The New York State Insurance Fund (NYSIF) has developed a process for the electronic receipt of medical bills and accompanying reports. NYSIF said that it has selected two vendors " the Atlantic Imaging Group, and P2P Link " to process bills and reports from providers and transmit them electronically to NYSIF where they will be logged-in and evaluated in an automated bill payment process. Currently, according to NYSIF, the new service is limited to bills submitted by providers using form CMS-1500, formerly known as HCFA-1500, or on a New York State Workers Compensation Board form C-4. NYSIF CEO/executive director David P. Wehner said that the new process will help to speed payments to medical providers and eliminate the need for them to place phone calls inquiring about the status of bills. Im proud to announce medical bills are now being received without paper, Wehner said. This will definitely speed the bill-paying process while at the same time increasing accuracy. |
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