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Making the transition to 5010 and ICD-10

from Medical Economics

Over the next two years, billing and coding processes across the United States will undergo significant changes. The compliance deadline for the first major change — the transition from 4010A1 to 5010 for the electronic interchange of billing information — remains Jan. 1, although on Nov. 17 the Centers for Medicare and Medicaid Services announced a delay in enforcement until March 31. The second major change, transition to ICD-10, will not officially take place until Oct. 1, 2013, but requires a substantial amount of work and preparation by many groups before that deadline. Healthcare providers, payers, software vendors, clearinghouses, and third-party billers will all be significantly affected by these two transitions. more

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