ATLANTA, GA, October 13, 2010 - RelayHealth's Payor Services Division announces the launch of its Payor Connectivity Services (PCS) 5010 and Beyond Program for qualified health plans. The program was designed to ensure health plans comply with upcoming federal regulations including HIPAA 5010 and ICD-10.
Sweeping regulatory changes are causing a ripple effect across health plan organizations that impacts their resources, revenues, and customers. RelayHealth, the connectivity business of McKesson Corporation, leveraged its expert knowledge of the regulatory environment and developed a technology solution and program to address leading health plans' urgent compliance requirements. For a limited time, the Payor Connectivity Services (PCS) 5010 and Beyond Program is being offered to qualified health plans as a "one-stop shop" to prepare them for the transitions.
RelayHealth is the leading health plan information network in the United States, providing connectivity services and integration among all organizations, systems, and solutions. It serves more than 2,000 hospitals, and 200,000 physicians, and connects with more than 1,800 health plans.
"The compliance window is closing, and health plans are seeing how much there remains to do," said Tim Allaway, Vice President of Payor Services for RelayHealth. "RelayHealth was the first gateway service provider to launch a website in 2009, www.fasttrack5010.com, dedicated to helping payors prepare for their 5010 conversion and testing. We took the lead in providing educational resources to help prepare payors for HIPAA 5010. Now, our 5010 and Beyond Program goes beyond testing and provides the tools to help health plans meet their urgent compliance deadlines. We want to help make these transitions as easy as possible."
Leading health plans are selecting RelayHealth Payor Connectivity Services for its seamless 4010A/5010 solution. The PCS 5010 and Beyond Program combines its proven PCS technology solution with complimentary implementation and advisory services, providing health plans with a solution that is richer in functionality than a traditional EDI clearinghouse, but with the flexibility to scale with changing requirements.
In addition to helping plans meet their compliance needs, PCS also scrubs incoming HIPAA transactions of errors, improving first-pass adjudication and reducing payors' processing costs. By participating in the 5010 and Beyond program, health plans are guaranteed compliance with HIPAA 5010, through ICD-10 and beyond to the next round of healthcare industry regulatory requirements.
About RelayHealth -- RelayPayorTM
RelayHealth, McKesson's connectivity business, operates as a neutral partner in an open network environment, offering connectivity services and integration among all organizations, systems, and solutions. RelayPayorTM provides a comprehensive range of payor products and value-added services which positions RelayHealth as a strategic partner to both payors and providers. RelayHealth Payor Connectivity Services (PCS) is a HIPAA compliant gateway and a flexible platform for managing transactions and connectivity. Built to handle health plan requirements such as HIPAA 5010 compliance, clinical data transactions, and pre-adjudication processing, PCS is the next evolution in connectivity solutions. RelayHealth securely processes more than 12.8 billion financial and clinical transactions annually. For more information, call (800) 778-6711, or visit www.fasttrack5010.com.