spec: FinOps Framework 1.0
focusVersion: "1.0"
provider: Stedi
providerId: stedi
created: 2026-06-12
modified: 2026-06-12
url: https://www.stedi.com/pricing
billingModel: metered
description: >
  Stedi uses a purely metered, pay-as-you-go billing model with no monthly
  minimums and no setup fees. All charges are based on actual transaction
  volume across EDI transaction types (eligibility checks, claim submissions,
  ERAs, and supplemental services). Volume-tiered pricing reduces per-unit
  cost as transaction counts increase within a billing period. Enterprise
  customers may negotiate custom rates with volume discounts.
focusColumns:
  - column: BilledCost
    description: Actual cost charged for each transaction type based on volume tier at time of billing.
  - column: EffectiveCost
    description: Amortized cost per transaction reflecting applicable tier discount.
  - column: ResourceId
    description: Stedi account identifier and API key used to attribute costs.
  - column: ServiceName
    description: >
      Stedi transaction type (e.g., EligibilityCheck, ClaimSubmission, ERA,
      InsuranceDiscovery, MBILookup, ClaimStatus, PaperClaim, ClaimAttachment).
  - column: UsageQuantity
    description: Number of transactions processed in the billing period.
  - column: UsageUnit
    description: Unit of measure (transaction, adjudicated_claim, page, attachment).
  - column: Region
    description: US (Stedi operates in US East; region is us-east).
  - column: ChargeType
    description: Usage (all charges are usage-based; no subscription fees).
meters:
  - name: Eligibility Checks
    metric: eligibility_checks
    unit: transaction
    transactionTypes:
      - "270 (Real-Time Eligibility Request)"
      - "271 (Eligibility Response)"
    tiers:
      - upTo: 250
        pricePerUnit: 0.30
        currency: USD
      - upTo: 3500
        pricePerUnit: 0.15
        currency: USD
      - upTo: 10000
        pricePerUnit: 0.10
        currency: USD
      - upTo: unlimited
        pricePerUnit: 0.08
        currency: USD
  - name: Claim Submissions
    metric: claim_submissions
    unit: claim
    transactionTypes:
      - "837P (Professional)"
      - "837I (Institutional)"
      - "837D (Dental)"
    tiers:
      - upTo: 500
        pricePerUnit: 0.30
        currency: USD
      - upTo: 2500
        pricePerUnit: 0.20
        currency: USD
      - upTo: 10000
        pricePerUnit: 0.12
        currency: USD
      - upTo: unlimited
        pricePerUnit: 0.10
        currency: USD
  - name: Electronic Remittance Advice
    metric: era_transactions
    unit: adjudicated_claim
    transactionTypes:
      - "835 (ERA)"
    tiers:
      - upTo: 500
        pricePerUnit: 0.20
        currency: USD
      - upTo: 2500
        pricePerUnit: 0.15
        currency: USD
      - upTo: 10000
        pricePerUnit: 0.10
        currency: USD
      - upTo: unlimited
        pricePerUnit: 0.08
        currency: USD
  - name: Insurance Discovery
    metric: insurance_discovery_checks
    unit: check
    tiers:
      - upTo: unlimited
        pricePerUnit: 1.50
        currency: USD
        note: Volume discounts available to $0.65/check
  - name: MBI Lookups
    metric: mbi_lookups
    unit: lookup
    tiers:
      - upTo: unlimited
        pricePerUnit: 1.00
        currency: USD
        note: Volume discounts available to $0.40/lookup
  - name: Real-Time Claim Status
    metric: claim_status_checks
    unit: check
    transactionTypes:
      - "276 (Claim Status Request)"
      - "277 (Claim Status Response)"
    tiers:
      - upTo: unlimited
        pricePerUnit: 0.30
        currency: USD
        note: Volume discounts available to $0.08/check
  - name: Paper Claims
    metric: paper_claims
    unit: page
    tiers:
      - firstPage:
          pricePerUnit: 1.00
          currency: USD
      - additionalPages:
          pricePerUnit: 0.20
          currency: USD
  - name: Claim Attachments
    metric: claim_attachments
    unit: attachment
    tiers:
      - upTo: unlimited
        pricePerUnit: 0.75
        currency: USD
includedAtNoCost:
  - Payers API
  - Transaction Enrollment API
  - Test Mode (Sandbox)
  - Stedi AI Agent
  - MCP Server
  - Portal Web UI
  - SFTP Access (Pay as You Go plan)
  - Webhooks / Event Destinations
principles:
  Visibility:
    description: >
      Stedi provides per-transaction billing with granular metering by
      transaction type and volume tier. All transaction types are tracked
      independently, enabling teams to attribute costs directly to specific
      EDI workflows (eligibility, claims, ERAs). The portal provides real-time
      usage visibility.
    practices:
      - Track transaction volume by type (eligibility, claims, ERAs) to forecast monthly spend.
      - Use Stedi sandbox (free) for development to avoid unnecessary production costs.
      - Monitor adjudicated claim counts for ERA billing, which differs from submitted claim counts.
  Optimization:
    description: >
      Stedi's tiered pricing rewards volume growth with automatic discounts as
      monthly transaction counts increase. No minimum commits reduce waste for
      low-volume or seasonal workflows. Enterprise custom pricing provides
      predictability at high volume.
    practices:
      - Consolidate transaction volume under a single account to maximize tier discounts.
      - Use batch eligibility checks where real-time is not required to optimize throughput.
      - Negotiate a Custom enterprise plan once monthly volumes consistently exceed 10,000 transactions per type.
      - Prefer included APIs (Payers, Enrollment) over third-party alternatives to eliminate redundant costs.