Article

AMA: No Smooth Sailing for Docs on 5010

In an e-mailed statement, AMA President Dr. Peter Carmel said that in the month since the 5010 standards were implemented, "physicians are experiencing very alarming problems that have resulted in significant interruptions in claims processing and cash flow." He added: "It's clear that the problems will not be solved overnight."

Read the full story at: http://tinyurl.com/6vb2s3r

Source: Modern Healthcare

Last week, citing feedback from its members, the MGMA-ACMPE, formerly the Medical Group Management Association, called for a second 90-day delay of the start date for enforcing a federal requirement that covered entities abandon the Version 4010 standards and switch to 5010 by Jan. 1, 2012.

The American Medical Association (AMA) is pulling up just short of an outright call for a second extension to an enforcement deadline for adoption of ASC X12 Version 5010 standards for transmission of electronic claims and other administrative transactions.

Related Videos
1 KOL is featured in this series.
1 expert is featured in this series.
5 experts are featured in this series
Keith Ferdinand, MD, professor of medicine, Gerald S. Berenson chair in preventative cardiology, Tulane University School of Medicine
Related Content
AJMC Managed Markets Network Logo
CH LogoCenter for Biosimilars Logo