Oracle has launched a new Health Insurance Data Exchange Cloud Service to simplify and secure data sharing with CMS and employer groups. This cloud-native solution allows insurers to create custom data mappings, accelerate processing of new data formats, and streamline integration with partners. The service supports industry-standard formats like HIPAA X12 EDI and enables real-time data sharing. It also provides user-defined data validations, visibility and control over data processing, compliance updates, and integration with Oracle Health Insurance Components. Oracle aims to drive digital transformation in the insurance industry with flexible, innovative technology solutions. Visit their website for more information on how Oracle is revolutionizing data exchange in healthcare insurance.
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