WorkCompEDI (WCEDI) has a new owner.
The clearinghouse, which processes millions of provider electronic bills annually, was acquired by Data Dimensions, an automation and data management firm based in Wisconsin.
Data Dimensions Takes Over
According to a Data Dimensions press release, Data Dimensions and WCEDI are forming a “combined organization” under the Data Dimensions brand.
Praising WCEDI’s history and innovations, Data Dimensions CEO Bryan Doyle characterized the combination of WCEDI tech and Data Dimensions’ “scale and automation offerings” as “an enormous opportunity that will expand innovation, improve value, and create tailored solutions for our clients and partners.”
We can’t speculate on what that means for providers submitting e-bills for the treatment of injured workers. We can only hope Data Dimensions’ vision includes reliable, quick, and compliant electronic bill processing.
WCEDI co-founder and CEO Marc Menendez will stay on board as Chief Solutions Officer and General Manager of EDI Services at Data Dimensions. According to Mendendez, the acquisition “will allow us to dramatically extend our market reach and help our group achieve the full potential of our future-state vision for the P&C [Property & Casualty] market, and beyond.”
Congratulations to (the former) WCEDI and Data Dimensions; we’ll keep our readers informed of any updates regarding e-bill submissions.