Industry Note:
Medicare Takes Care Of One 5010 Problem For You
Published on Thu Aug 02, 2012
Haven't found the time to convert your electronic remittance advices to 5010 format? That's OK, because "the Medicare Fee-For-Service (FFS) program will automatically convert your electronic remittance advice to the X12 Version 5010 format," CMS says in a message to providers.Pitfall: "If the computer software you use to open/translate the electronic remittance advice X12 Version 5010 format is not ready for this conversion, you may not be able to open and read the electronic remittance advice to review payments, adjustments, and denials, as well as post payments to patient accounts," CMS cautions.