Thursday, March 25, 2010

Developing Your 5010 and ICD-10 Compliance Strategy

is being presented by Frank O'Roark & George Brill, Managing Partners, AlphaPoint Consulting and airs on Tuesday, May 11, 2010. For more details or to register, please visit our site at www.fxconferences.com

The US Department of Health & Human Services has published two important changes to the HIPAA standards, both of which will have a significant impact on hospitals, physicians, pharmacies and health plan providers. The X12 Version 5010 sets a new standard for exchanging electronic financial information, while ICD-10 modifies the data code sets for diagnoses and in-patient procedures.

With compliance deadlines looming, many organizations lack a clear understanding of the potential impact, and assume a simple mapping exercise will solve most of their 5010 and ICD-10 issues. While mapping and translating the version 4010A1 transactions to the 5010 transactions may support continued electronic data interchange between providers and health plans, mapping 55,000 new ICD-10 diagnosis codes and 84,000 new procedure codes to the ICD-9 codes has limited application and sustainability for processing claims.

This audio conference looks at 5010 and ICD-10 regulatory compliance strategies and the key points healthcare organizations need to be addressing now, including assessment/impact analysis, implementation planning, remediation, contingency planning, training and testing.