Infosys Technologies Ltd today introduced iTransform product suite, which delivers an end-to-end offering for managing the transitions to 5010 version of the HIPAA standard transactions and ICD-10 coding systems.
By taking a comprehensive approach for assessment and emediation, and automating a significant amount of the transition exercise, based on prototype results, the iTransform product suite would help healthcare payers and providers save up to 50 per cent of the cost and up to 50 per cent of the duration to make the transitions compared to the manual process and remediation, the company said in a statement.
Healthcare organisations faced one of the most significant challenges to the US healthcare industry in decades in order to comply with HIPAA 5010 and ICD-10 regulations, said Eric Paternoster, senior vice-president and head of Infosys insurance, healthcare and life sciences division.
''iTransform not only simplifies transition, it also delivers an opportunity for payers and providers to take advantage of the new regulations for improving operational efficiency, reducing costs and providing better healthcare,'' he said.
The iTransform product suite uses tools and accelerators to accelerate every phase of transition while lowering the cost and risk of manual analysis and remediation, the statement added.