More than half a century after its introduction, electronic data interchange is only becoming more indispensable in medical data exchange. By providing a standardized framework that reduces the instance of error and accelerates the flow of vital information, EDI in healthcare continues to reduce costs and boost efficiency.
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As technological advancements continue to speed the pace of global business, entities have come to rely on EDI managed services to streamline their operations and stay competitive. However, EDI implementation success depends largely on overcoming complex EDI integration challenges, which means that choosing the right managed service provider is critically important.
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In a recent survey, 80% of companies report they’re planning budget increases of 10% or more to modernize. On a related note, EDI, MFT, and APIs are forecast to grow between 13% - 25% annually.
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It is crucial for organizations that use Electronic Data Interchange (EDI) systems to be able to recognize and address performance issues when they crop up. Knowing how to spot problems will ensure that business operations continue uninterrupted.
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In the coming years and decades, the business landscape is likely to see technological advancements improve EDI in the supply chain.
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