(Brentwood, TN – June 23, 2011) – Jerry Killough, President and CEO of Clinix MIS, a leading medical software company, was one of four presenters on a Healthcare Billing & Management Association (HBMA) webinar on the state of health insurance company, provider, clearinghouse, and billing system vendor readiness for the implementation of the ANSI Version 5010(A1) standards. The webinar was conducted on Tuesday, June 21, 2011.
Version 5010 refers to the revised set of HIPAA transaction standards replacing the current Version 4010/4010A standards. The webinar, titled 5010 – What Does Ready Really Mean?, focused on the challenges and opportunities facing billing companies and other industry stakeholders during this update.
Killough joined speakers Holly Louie, CHBME and Chair of the HBMA ICD-10/5010 Readiness Committee, Doug Bilbrey, Executive Vice President – Sales and Marketing for SSI, and Bill Finerfrock, HBMA Legislative Consultant.
Mr. Killough, a noted authority on version 5010, testified last year before the National Committee on Vital and Health Statistics (NCVHS) on behalf of the HBMA. “Medical billing companies and physician practices need to be educated on how to ready themselves for these new standards and the fact that the claim processing industry will not be 100% ready on the January 1, 2012 date mandated by Federal regulation,” said Killough. “Historically, transitions such as this have been extremely complex and difficult as witnessed by the fact that the current ANSI 4010 standards have not been fully implemented even today. As leaders in the industry, it is incumbent upon us to help prepare these organizations for the reality that many components of healthcare will be unable to process claims in this new format without significant delays or errors, primarily on the payer side of the process.”
The 5010 mandate, imposed in 2009 by the U.S. Department of Health & Human Services, requires the transition from Version 4010/4010A1 to Version 5010 electronic transaction standards before January 1, 2012.
Companies and their clients are expected to have completed the testing of their billing systems with both government and commercial payers well before the January deadline. For anyone who was unable to attend the live webinar, you can learn more information and hear recommendations about making a smooth transition to 5010 by downloading the session recording from the Member Home Page of the HBMA website.
Clinix Medical Information Services LLC is a leading provider of Software as a Service (SaaS) based software, delivering Practice Management Solutions and Electronic Medical Records systems to medical billing companies and physician practices across the United States. Clinix solutions increase efficiency, improve collection and enhance record keeping while limiting start-up and upgrade costs. For more information, please visit www.clinixmis.com or call (866) 254-6496, ext. 102.