MMP is at the Forefront of HIPAA 5010 Readiness Required For ICD-10-CM Compliance 08/29/2011

Atlanta, Ga. – August 29, 2011 Medical Management Professionals, Inc. (MMP), a national firm providing billing and practice management services to hospital-based physicians, has made requisite software changes to comply with the HIPAA ANSI ASC X12 Version 5010 format change, obtained third-party certification for claims submittal, and is currently testing and submitting claims to Medicare carriers and other commercial payors that are also using the new format.
 
MMP began actively submitting claims in this new 5010 format in July 2011 but began testing the new format in 2010. To help ensure its transactions are compliant with the new 5010 standards and regulations required for electronic claims submissions, as of March 24, 2011, the company obtained third-party certification from Claredi®, an industry-leading and first comprehensive HIPAA testing solution for pre-production transaction testing and certification. As an active participant in industry workgroups, MMP also communicates with CMS regarding current industry adoption status and advocate for improvements among industry sectors that are falling behind.  
 
“From an industry standpoint, MMP is ahead of the ICD-10-CM curve because the current X12 Version 4010 A1 format will not support ICD-10-CM,” states Darrell Hulsey, president and CEO of MMP. “Because MMP is at the forefront of this industry-wide change, we are not only working with payors to smoothly transition out of the current claims submittal format, but we are also perfecting the new 5010 format with an ultimate goal to be compliant with new ICD-10-CM standards before they are implemented on October 1,2013.”

As of January 1, 2012, the healthcare industry is required to use the ANSI ASC X12 5010 format. Throughout the remainder of 2011, the industry will be testing to assure compliance with the transaction set and continuation of the claims submission and payment process. For more information about this technical issue and ways that MMP can assist your physician group with compliance, contact ICD10@cbizmmp.com.

 

About MMP
Medical Management Professionals, Inc. (MMP) was founded in 1993 and is a leading provider of billing and practice management services to hospital-based physicians. It currently serves more than 4,000 hospital-based physicians and providers from more than 70 offices.  MMP’s flexible solutions range from billing-only services to full-practice management services.  For further information regarding MMP, visit www.cbizmmp.com

 
 
 
 
 

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