On Jan. 1, 2012, standards for electronic healthcare transactions (including claims, eligibility inquiries and remittance advices) change from Version 4010/4010A1 to Version 5010. Version 5010 accommodates the ICD-10 codes, and must be in place before the changeover to ICD-10.
Because of continual updates and revisions, extra research is a necessity. Suppliers like TFP Data Systems and Wilmer invest a lot of time in education to ease the burden for distributors. When asked how to ensure customers remain "happy customers," Magdaleno responded, "Provide the most compliant products and deliver on time. We also research new products to sell, and we provide a menu of products and services our customers can choose from that will fit into their business development plans. We provide trends and analysis that will help them make the right choice."
- Companies:
- TFP Data Systems
- Wilmer