In Audit
Jul 30th, 2012
Today is the day remittance for 5010 begins. You will find improvements over the old 4010 system of remittance advice. Version 5010 introduces some significant improvements over ASC X12 version 4010. For example,  in version 5010, the Health Policy Segment will report the National Coverage Determinations (NCDs) and Local Coverage Determinations (LCDs). In addition, the 835 will ...
In Billing
Jun 29th, 2012
The July 1 compliance date for the ASC X12 Version 5010 and NCPDP Version D.0 has arrived. To be paid for Medicare fee-for-service (FFS) claims submitted electronically to payers after 5 pm ET on June 29, your practice must have made the transition to these electronic transaction standards. MACs Perform 4010 Closeout Activities was last ...
In Billing
Jun 14th, 2011
Six months before every Health Insurance Portability and Accountability Act (HIPAA)-covered entity switches over to the new 5010 standards, the nation is taking a day at the direction of the Centers for Medicare & Medicaid Services (CMS) to gauge its readiness for implementation. Are you participating? Are You Testing 5010 Today? was last modified: July 5th, ...