The Version 5010 compliance deadline of January 1, 2012, is nearly six months away! All HIPAA-covered entities should be preparing for this transition, which includes conducting external testing with all trading partners (providers, clearinghouses, and vendors) to ensure timely compliance.
To assist with testing, the Centers for Medicare & Medicaid Services (CMS), in conjunction with the Medicare Fee-for-Service (FFS) Program, is holding two National 5010 Testing Days. The testing days will serve as an opportunity for trading partners to further test compliance efforts with the added benefit of live help desk support, and direct and immediate access to Medicare Administrative Contractors (MACs).
The first National Version 5010 Testing Day is today, June 15, 2011. The other testing day is scheduled for August 24, 2011. We hope all trading partners will participate so that they can have a timely and smooth transition to Version 5010!
These testing days will help facilitate a better understanding of MAC testing protocols and the transition to Version 5010; they are not meant to prohibit trading partners from further compliance testing. All trading partners are encouraged to begin working with their MACS to test transactions as soon as possible.
Keep Up to Date on Version 5010 and ICD-10.
Please visit www.cms.gov/ICD10 for the latest news and resources to help you prepare!
Dallas L Alford IV, CPA is a licensed Certified Public Accountant in the state of North Carolina and owner of Atlantic Financial Consulting, a consulting firm that provides comprehensive medical billing services, practice management consulting, coding audits, Medicare compliance, Medicare RAC support and other general medical practice consulting services.
To learn more about Atlantic Financial Consulting you may visit their website at
http://atlanticfinancial.us or contact Dallas L Alford IV, CPA directly at 1 888-428-2555, Ext. 200.
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