Platform 5010: Last Minute Look Through for 5010 Electronic Transactions Implementation

Buffer time required to handle glitches

Are you ready to say goodbye to forms 4010/4010A1 for electronic transactions? You'll need to starting Jan. 1, 2012, when your practice should be fully functional with form 5010 to comply with the Health Insurance Portability & Accountability Act of 1996 (HIPAA) electronic transaction standards.

Consequence: If you don't have your 5010 glitches worked out by January, you won't be able to submit electronic transactions to Medicare.

Prepping for ICD-10

Version 5010 lays out the technical electronic standards mandated for HIPAA transactions: claims, eligibility inquiries, remittance advice, and payment data using ICD-10.

The current version -- 4010/4010A1 -- does not [...]

- Published on 2011-11-17