Healthcare financing and administration is governed by interactions between many financing and administration institutions on one side and many healthcare service delivery organizations on the other.  Given the multiplicity of plan designs and coverage rules, accurately determining how much should be paid for each medical service can become very complicated and therefore expensive.  Minimizing administrative costs is in the interest of the entire healthcare system in any market.

Whenever it is possible to automate the exchange of information (and transactions) between the administrator of healthcare coverage and the provider of healthcare services, it leads to greater efficiency.  In the emerging healthcare insurance sector in India, achieving a high level of efficiency in administrative costs will ensure continued growth of the sector.  To that end, Trignon has aligned with a firm that is the leader in building an electronic connector between healthcare financing and administration entities on one side and hospitals, labs, pharmacies and physician offices on the other.

The connector involves an interoperable, standards-based network for the secure exchange of healthcare information.  It provides a real-time communication platform for exchange of relevant information between payers and the providers within the healthcare system.