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Ophthalmology and Optometry Coding Alert

Part B Updates:

Vendor Won't Be Ready for 5010? Get Claims in Before 2011 Ends, CMS Advises

Published on Tue Oct 11, 2011

Plus: E-prescribing hardship exemptions are due in November, CMS reminds.Ophthalmology practices from all across the country are wondering what they should do if their vendors aren't ready for 5010 conversion before the deadline of Jan. 1, 2012. CMS chimed in with tips on how to handle these issues during the agency's Sept. 20 Open Door Forum, and we've got the advice for you.The message: If you want to avoid a cash flow crisis, talk to your vendors and clearinghouses now -- don't wait until January, advised CMS's Denise Buenning during the call.An American Academy of Ophthalmology representative called into the forum and noted that several of her association's members were told by their vendors that they will not be ready by the deadline. She asked for tips on how the practices should deal with this situation. "There are a number of risk mitigation strategies that I think folks should be looking [...]
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