In comical industry interchanges, broadcasting execs proceeded to blast HDTV no business model!–while their colleagues admonished them not to blow the cover story.
The House of Representatives is mulling a bill that would cap these "swipe fees", known in the industry as merchant-interchange fees.
Others, such as HL7, LOINC or NCPDP (spelling them out makes them sound no less obscure) are unique to the health-care industry and govern data interchange between hospitals, laboratories and pharmacies.
The federation focuses on the specific business requirements and interchange of information between the BioPharma industry, various regulatory bodies, such as the FDA, and the healthcare industry.
While other industries, such as the financial and computer industries, have long established uniform standards for the interchange and ordering of parts and data, health care has lagged behind.
For example, electronic data interchange (EDI) is a standard in the logistics industry.
"Without interchange reforms in the U.S., reform in Europe means the credit card industry will look to American retailers and consumers to make up lost revenue.
This should complement the Government/Industry Interchange Programme with a talent matching service, so that companies can find people from the civil service or offer their own employees for fixed term work".
Interchange: Michael Morgan, Sam Thaiday, Josh Papalii, Josh McGuire.
"When interchange is passed through, merchants benefit from a lower interchange rate," said Lee Manfred, a partner with First Annapolis, a payment industry consulting group.
