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In today’s technological landscape, organizations highly rely on online optimal platforms to expedite work processes. However, information stored electronically can become vulnerable to prying eyes. With the health care industry being the most targeted business in breaches, data security is of utmost importance. For third-party administrators (TPAs), it is especially crucial to integrate a secure, HIPAA-based platform that safeguards records with protected health information (PHI) to prevent snooping and theft.
Nowadays, electronic transactions play a big part in transmitting data from one location to another. For TPAs, delivering administrative tasks, including sending and receiving invoices, claims, and other confidential records from the health plans or employer calls for a robust and secure claims processing platform that can streamline outcomes and render accurate results while maintaining the safety of the files.
Between employers and TPAs, the term of agreement must be upheld. In this arrangement, both parties are expected to treat defined confidential information with sensitivity and strictly not disclose or use it improperly. To safely handle valuable data, it is critical that TPAs utilize licensed optimal platform to efficiently provide their services without compromising security. As luck would have it, a HIPAA-based technology that supports diverse EDI functionalities is now readily available in the market.
As the Health Insurance Portability and Accountability Act (HIPAA) Privacy Rule entails, personal health information held by covered entities must have protections that give patients an array of rights with respect to that information. Simply put, no one should have access to the information recorded during a patient receiving care coordination, claims, and eligibility other than the authorized person.
In 2018, healthcare data breaches of 500 records or more were being reported at a rate of around 1 per day. The said rate had doubled in the years that followed with 1.76 as the average number of breaches per day. Adhering to the rules set in HIPAA assists in strengthening data security and deploying tools and technologies to help reinforce the stability of the protection.
TPAs deliver different administrative services on behalf of an employer and the range of risks that it poses to render services unequipped and without a trusted program can become pressing. However, it can be combated with healthcare solutions like QuickCap.
QuickCap 7, the Optimal Platform that Helps TPAs Protect Client Data
Invest in an optimal platform that ensures data security and promises to save you from the hassles that come along with breaches or theft. Get an all-in-one system that not only supports diverse administrative operations but also processes them safely.
Robust and reliable security tools
Selectively give access to TPAs who are assigned to handle and manage multiple member records. Allow only those permitted to perform modifications and changes to add, search, and edit client data.
Advanced HIPAA-compliant EDI functionality
Transmit PHIs seamlessly and securely using QuickCap’s advanced EDI services. Move, upload, and download data powered by a HIPAA-compliant technology that guarantees to secure records going in and out between TPAs and employers.
Customizable member masking feature
Process eligibility conveniently and safely with QuickCap’s member masking feature. When processing eligibility, other TPAs can be restricted from accessing member records that are not assigned to them. A feature such as a member masking seels only the authorized personnel intended to work on certain records.
Prevent unnecessary expenses and fines from data breach lawsuits. Integrate QuickCap and experience how client data and its security are taken with absolute confidentiality.
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SOC Certification Achievement
MedVision has successfully met the criteria outlined in the SOC (System and Organization Controls) audit for service organizations. This certification demonstrates MedVision’s adherence to rigorous standards for security, availability, processing integrity, confidentiality, and privacy.
As a service provider managing sensitive data and overseeing critical functions on behalf of clients, this certification underscores MedVision’s commitment to maintaining high standards of operational excellence and data security.
HITRUST Risk-Based 2-Year Certification Achiever
The Health Information Trust (HITRUST) is a standards organization dedicated to security, privacy, and risk management. They developed the HITRUST Common Security Framework (CSF), which assists organizations in maintaining a comprehensive and secure approach to HIPAA compliance and managing risks. HITRUST is widely recognized as the benchmark in data security and privacy.
Certified Member of HCAA
The Health Care Administrators Association is the nation's largest nonprofit trade association for third-party administrators, stop loss insurance carriers, managing general underwriters, audit firms, medical managers, technology organizations, pharmacy benefit managers, brokers/agents, human resource managers, and health care consultants. HCAA has spearheaded the change of self-funding for more than 35 years.
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Phone :
847-222-1006
Fax :
847-222-1066
STAY INFORMED
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