A formal agreement between two parties for the purpose of defining the responsibilities of each party, the legalities of the proposed data exchange, and the technical details necessary to conduct the data exchange. TPAs are necessary when data exchange will be conducted without an intermediary and are intended to replace mandatory reporting requirements.
An agreement related to the exchange of information in electronic transactions. A trading partner agreement is not required under HIPAA.
The agreement between trading partners that sets forth electronic conditions and terms for conducting trades.
A legal contract spelling out the terms and conditions for doing business electronically. These terms and conditions take the place of the terms and conditions that were present when the two companies were exchanging paper documents, such as a purchase order.
Under HIPAA, this is an agreement related to the exchange of information in electronic transaction, whether the agreement is distinct or part of a larger agreement, between each party to the agreement.
The written contract that spells out agreed upon terms between EDI trading partners.