Interoperability is a property of a product or system, whose interfaces are completely understood, to work with other products or systems, present or future, without any restricted access or implementation. Contents.ML or SQL standards are among the tools of syntactic interoperability. This is also true for lower-level data formats, such as ensuring alphabetical characters are stored in a same variation of ASCII or a Unicode format (for English or international text) in all the communicating systems.
Related Links. Overview. Administrative simplification represents an industry-wide commitment to reducing health care costs by strengthening the electronic exchange of data, and by removing unnecessary burdens throughout the compliance, claims and billing processes.
Administrative receivership differs from simple receivership in that an administrative receiver is appointed over all of the assets and undertaking of the company. This means that an administrative receiver can normally only be appointed by the holder of a floating charge.nforcement is also a significant aspect of the situations where administrative receivership is still permitted â for example, the ability to take control of the entirety of the assets is important in structuring insolvency-remote special purpose companies that issue securities or operate infrastructure projects.