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Are you prepared for 5010? If not, your bottom line might be the one to suffer.
The new HIPAA electronic standard, 5010, update is something that will impact all healthcare entities, including physician practices, and as such, must be fully understood. The bottom line is this: If a practice's HIT partners cannot handle 5010 transactions on January 1, 2012, its claims will be rejected by insurance carriers.
To avoid cash flow interruptions during implementation, practices must assess not only their own preparedness for 5010, but also the readiness of their business partners. This free white paper, How 5010 Will Enhance Practice Profitability: A Preparation Guide for Physician Practices, can assist the process by:
- Providing a brief, non-technical explanation of the 4010 and 5010 standards
- Explaining the kinds of practice transactions affected by the conversion
- Looking at the benefits promised by 5010
- Discussing how 5010 dovetails with plans to transition to the ICD-10 code sets
- Outlining key questions practices must ask their health information technology (HIT) vendors
Protect your bottom line by making sure you're prepared for 5010.
Download your free white paper today! |