Workgroup for Electronic Data Interchang Interchange

“The organization has 8 classes of memberships: other entities, government, health plans, providers, standards and operating rules organizations, vendors, and individuals.”

“Members, excluding affiliates, individuals, and standards organizations/ operating rules organizations, shall elect directors electronically in accordance with procedures determined by the wedi board of directors.each organizational member, in those categories electing directors by ballot, shall be entitled to one (1) vote for as many open director positions of the same class of member as such voting member.”

“The outside cpa firm which performs the organization's annual financial statement audit also prepares the organization's form 990. A draft of the 990 is sent to the ceo and the external accounting firm that provides monthly accounting services to the organization. The draft is also sent to the organization's finance committee. All parties review the 990. Any necessary changes are then made by the auditing cpa firm. The ceo then makes a final review of the 990, signs it and files it with the irs.”

“The ceo monitors compliance with the conflict of interest policy. Any relationships which the ceo believes clearly violate the policy are disallowed/terminated by the ceo. If the ceo is unsure, the matter is brought to the board for review. Any relationships which are deemed to be a violation of the policy are disallowed/terminated.”

“The organization's board has a compensation committee which determines the salary of the ceo. The compensation committee performs a review of the ceo's salary every two years. Under these reviews, the compensation committee uses published compensation reports and studies the salaries of ceo's of similar sized organizations. After the ceo's salary is determined by the compensation committee, it must then be approved by the board.”

“The organization's governing documents, conflict of interest policy, and audited financial statements are available upon request.”

“Wedi is a not-for-profit 501-c-6 association acting as an advisor to the secretary of the department of health and human services (hhs) and a multi-stakeholder organization comprised of health plans, providers, vendors and standards development organizations. Wedi has proven leadership engaging the industry to address the most impactful changes of our time, including the national provider identifier, icd-10, health claim attachments and prior authorization.”

“Wedi's purpose is to promote the interests of the healthcare community through the development of electronic data interchange by: (a) promoting and facilitating an orderly migration to electronic data interchange in the healthcare community; (b) serving as a coordinated education resource on electronic data interchange and developing materials for use by members of the healthcare community; (c) monitoring and reporting on the progress of electronic data interchange implementation in the healthcare community; (d) identifying obstacles to the implementation of electronic data interchange and proposing solutions for their removal; and (e) building consensus on electronic data interchange issuse, and on an appropriate legislative and regulatory framework. Appropriate legislative and regulatory framework.”