What is a trading partner agreement and how does if effect me?
As defined in 160.103 of the Transaction and Code Sets final rule, a trading partner agreement is defined as an agreement related to the exchange of information in electronic transactions, whether the agreement is distinct or part of a larger agreement, between each party to the agreement. (For example, a trading partner agreement may specify, among other things, the duties and responsibilities of each party to the agreement in conducting a standard transaction.) Providers who conduct electronic transactions with N.C. Medicaid will either need to enter into a trading partner agreement directly with N.C. Medicaid or through their clearinghouse depending on how they submit electronic transactions. The trading partner agreement for N.C. Medicaid contains information regarding testing, what type of transactions will be exchanged, and protocol information for the exchange of those transactions.
Related Questions
- If I am a Carrier, with several companies under the main Carrier umbrella, do I need to submit separate Trading Partner Agreement forms for each company, because each company has a separate Tax ID?
- Where do I get the creditors common names and addresses to complete Exhibit 2 of the Trading Partner Agreement?
- Why must a Trading Partner Agreement be signed?
