B2B Data Integration and Transformation Blog

The Healthcare Insurance Portability and Accountability Act (HIPAA) created a seismic shift in the American healthcare system with its introduction in 1996. Before that point, there was no national law regarding patient data security. HIPAA also introduced the “EDI Rule,” which requires that any covered entity that transmits data electronically must use EDI.

The first step to more closely aligning your EDI capabilities with the overarching goals and objectives of your organization is to examine your current state. Once you define your strengths and weaknesses and have a clear understanding of client requirements, the business strategy, executive expectations, perceptions of IT, and the CIO's goals, you can begin visualizing your desired future state and put together an improvement plan.

“No man is an island,” goes the old saying. That quote can be adapted to fit the business world. No company can operate in a vacuum. Everyone needs partners in the supply chain in order to survive.

Forging stronger partnerships with suppliers can be challenging. However, technology has made it easier to build such connections. Specifically, today’s EDI software possesses capabilities that previous iterations of this solution lack. Read on to learn why modernizing your EDI system helps you develop better strategic partnerships with your suppliers.

There are two sides of the data coin. There is enormous value locked up within your data, but in order to access it, you have to integrate it with other sources. This second edge of the sword can prove quite challenging to companies, and this may cause them to delay implementing data integration solutions. 

It may be sad to admit, but the legacy systems which your company invested money, time, and effort into deploying may no longer be getting the job done. Perhaps they cannot scale, it is difficult to access and share information, or the vendor does not provide support any longer.