{"id":573,"date":"2011-12-22T08:49:44","date_gmt":"2011-12-22T08:49:44","guid":{"rendered":"http:\/\/www.medicalbillersandcodersblog.com\/?p=573"},"modified":"2014-07-28T06:39:55","modified_gmt":"2014-07-28T06:39:55","slug":"physicians-to-make-the-most-of-5010-enforcement-delay","status":"publish","type":"post","link":"https:\/\/www.medicalbillersandcoders.com\/blog\/physicians-to-make-the-most-of-5010-enforcement-delay\/","title":{"rendered":"Physicians to Make the Most of 5010 Enforcement Delay"},"content":{"rendered":"

Physicians were mainly relieved with the announcement made by Centers for Medicare & Medicaid Services<\/a> (CMS) Office of E-health Standards and Services (OESS) on 17th<\/sup> November, to delay enforcement of Health Insurance Portability and Accountability Act HIPAA 5010\u00a0 transaction standards with a 90-day discretion period for\u00a0all HIPAA covered entities. CMS stated that their decision is based on industry feedback that a number of organizations and their trading partners would not be able to finalize system upgrades to 5010 standards in time with the initial 1st<\/sup> January, 2012 deadline.<\/p>\n

Contrary to what many physicians anticipated, the process of transitioning from Version 4010 to 5010 is much more difficult, hence the delay has been a boon for physician\u2019s practices, if CMS had not taken this step there could have been a possibility of a revenue-cycle train wreck.<\/p>\n

Any claims or bills submitted after January 1, 2012, that are not in HIPAA 5010 will still get rejected, but delay in enforcement allows physicians to resubmit in the appropriate HIPAA 5010 format<\/strong> without penalty, hence it is imperative for doctors who have not upgraded to HIPAA 5010<\/strong> to utilize the next 90 days to upgrade to 5010 standards. Survey by the Medical Group Medical Association (MGMA) estimated that upgrading to HIPAA 5010 could set providers back $16,575, and 45.2% of practices have not yet started the implementation of software upgrades necessary for HIPAA 5010.<\/p>\n

Practice\u2019s preparing to implement 5010 standards –<\/strong> <\/span><\/p>\n