Shopping Basket
Your Basket is Empty
There was an error with PayPalClick here to try again
CelebrateThank you for your business!You should receive an order confirmation from Paypal shortly.Exit Shopping Basket

My Blog


Preparing for the ICD-10 Transition

Posted on 19 July, 2011 at 10:45
smllBox ICDReady, ICD-10 ReadyMedical practices face two significant deadlines that require planning and testing in 2011. The first deadline, January 1, 2012, is for the adoption of a new standard — the 5010 standard —for electronic claims transactions. This change must be made to accommodate regulatory changes in core billing processes such as claims submission and remission, claim status inquiry, eligibility inquiry, and transaction acknowledgment. The second deadline is the long-awaited (or long-dreaded) deadline for moving from the ICD-9 to the ICD-10 code set. This deadline is slated for October 1, 2013. In addition to changes physicians and other providers will have to make in recording diagnoses and procedures, the move to ICD-10 will require extensive re-programming and testing of practice management systems, revision of encounter and testing forms, and numerous other changes.It is critical that practices be ready for these two deadlines. Failure to prepare for either could bring a practice to its operational — and financial — knees. The following is an overview of these two transitions provided by CMS.
About the Version 5010 Transition on January 1, 2012
On January 1, 2012, standards for electronic health care transactions change from Version 4010/4010A1 to Version 5010. These electronic health care transactions include functions like claims, eligibility inquiries, and remittance advices.  Unlike the current Version 4010/4010A1, Version 5010 accommodates the ICD-10 codes, and must be in place first before the changeover to ICD-10. The Version 5010 change occurs well before the ICD-10 implementation date to allow adequate Version 5010 testing and implementation time. If providers do not conduct electronic health transactions using Version 5010 as of January 1, 2012, delays in claim reimbursement may result. If health plans cannot accept Version 5010 transactions from providers, they may experience a large increase in provider customer service inquiries affecting their operations.Preparing for ICD-10 and Version 5010 – including potential updated software installation, staff training, changes to business operations and workflows, internal and external testing, reprinting of manuals and other materials, and more – will take time.
About the ICD-10 Transition on October 1, 2013
ICD-10 codes must be used on all HIPAA transactions, including outpatient claims with dates of service, and inpatient claims with dates of discharge on and after October 1, 2013. Otherwise, your claims and other transactions may be rejected, and you will need to resubmit them with the ICD-10 codes. This could result in delays and may impact your reimbursements, so it is important to start now to prepare for the changeover to ICD-10 codes.This change does not affect CPT coding for outpatient procedures.

Categories: July 2011

Post a Comment


Oops, you forgot something.


The words you entered did not match the given text. Please try again.


Reply chiropractic medical electronic software
9:28 on 8 August, 2013 
I read that you are regulatory doing changes in core billing processes such as claims submission and remission, claim status inquiry, eligibility inquiry, and transaction acknowledgment during medical practice...All the best..
Reply Android Application Development
7:36 on 26 November, 2013 
This is impressive and also great information. I personally liked going through your solid points on this topic. Many thanks for creating such excellent material. This is excellent.
Reply reflexology
10:59 on 1 September, 2015 
These details is incredibly interesting, I truly loved, I would like have more info on this kind of, mainly because is incredibly wonderful, thanks pertaining to revealing!
Reply Justin
22:02 on 17 January, 2016 
Administrative doing changes in center charging procedures, for example, claims accommodation and reduction, claim status request, qualification request, and exchange affirmation amid restorative practice. Just pleased to read this total reading here. Thanks for this post.
11:05 on 31 July, 2017 
ICD is basically a treatment for the patient, this process is started by the planning and testing and by then the approval this project is started, this was the version name as 5010.
Reply Lipozene Reviews
11:03 on 25 August, 2017 
ICD 10 is basically a type of medical disease. Some important things about ICD 10 have been mentioned here. ICD 10 has been occurring due to ICD 9 and limited data about patients which is berry dangerous for health.
Reply aptoide apk
4:56 on 13 September, 2017 
Aptoide app is one of the best platforms that allow users to download a plethora of applications easily.
Reply <a href="">Ryan
4:46 on 26 September, 2017 
If audited, the state direction tuchis separate penalties for yell colelcting deductible payments for patients perceive alongside Medicare consequences.
Reply write me an assignment
5:27 on 12 October, 2017 
The start of your second fitness effort record these opinions wont go over well some circles,thanks. This jackhammerfitnessthecadre blog has been giving us about hope you purchased them for known equipment.
Reply expert essay writer
12:36 on 12 October, 2017 
Stunning, brilliant site design! To what extent have you been blogging for? you made blogging look simple. The general look of your site is magnificent,and additionally the substance!. Much obliged For Your article.
Reply do my paper for me
5:46 on 18 October, 2017 
Reading news is a good habit that can provide a great sense of educational value. It carries information about politics, economy, entertainment, sports, business, industry, trade and commerce. With this habit, it will not only enhance your knowledge about general information but it will likewise improve your language skills and vocabulary.
Reply tea tv apk
12:11 on 12 December, 2017 
nice post......tea tv apk
Reply write me an assignment
5:46 on 28 February, 2018 
Valuable information. Lucky me I found your site by accident, and I am shocked why this accident did not happened earlier! I bookmarked it.
Reply nursing essay
5:22 on 16 March, 2018 
Thank you for this wonderful blog. Your blog is really a good platform to get informative posts. It is really a helpful platform. I found your blog as very interesting and the writing style of your posts are well structured. Keep sharing such wonderful posts.
Reply assignment help
10:05 on 2 May, 2018 
Wow, it looks really beautiful! My friend has recommended your services to me some time ago and I still could not make it. I think this new place can be a motivation for me to go there finally. Thanks a lot for posting.
Reply write my college paper for me
10:05 on 2 May, 2018 
Your work is good. I want more information about this topic. Can you provide a good documentation on this topic. For document format you can go through . It is one of the cheapest writing service.
Reply write my college paper for me
10:05 on 2 May, 2018 
It was really good work. I really like your thoughts.I personally appreciates for your work.your article is very impressive and helpful for us. Hope you will share these kinds of things with us also in future.
Reply dissertation help
10:05 on 2 May, 2018 
Thank you for the post. I really loved the way you written this post. It has some good information which is written in a easy to understand manner. This is very interesting and attractive. Keep sharing such wonderful and useful post.
Reply winter jackets for men
10:06 on 2 May, 2018 
If you need good quality Assignment writing service that change your education behavior to be written then, consider hiring them because they have good experience in writing articles on several topics with expert grammar skills
Reply DB Expert Help
7:07 on 4 July, 2018 
Those Who Come To Read Your Article Will Find Lots Of Helpful And Informative Tips