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Practice Management Alert

Version 5010:

Put Your Vendor to Version 5010 Test -- Sooner Rather Than Later

Published on Thu May 12, 2011

If your vendor isn't getting ready, it's time to consider a switch.You only have a little more than seven months before your practice has to be onboard with Version 5010 for electronic claim submission by January 1, 2012. Your practice will need to make modifications or enhancements to your practice management system, electronic medical record (EMR) system, and/or billing system. Your success depends in part on your vendors.In the last issue of Medical Office Billing & Collections Alert (Vol. 11, No. 5) you learned about version 5010 and why you need to start now preparing for the implementation deadline. Now learn how to work with your vendors to ensure your billing and practice management systems are ready for the conversions to 5010 and ICD-10.Communicate With Vendors to Ensure ReadinessCommunication with outside vendors will be essential since that will be a large key to your practice's successful version 5010 and subsequent [...]
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