[ Tuesday, September 23, 2003 ]
Hold off on the Train Wreck!
According to Modern Healthcare:
Concluding that the healthcare industry won't be ready in time, the CMS agreed to accept nonstandard Medicare claims after Oct. 16, the deadline for adhering to insurance-related electronic standards mandated by the Health Insurance Portability and Accountability Act. The agency said that under its HIPAA contingency plan it will continue to accept and process claims in the hundreds of formats now in use and will regularly reassess providers' readiness for the new standards to determine how long the contingency plan should remain in place. The CMS said it decided to implement the contingency plan after a review of Medicare fiscal intermediaries showed "unacceptably low numbers of compliant claims." Implementing the plan "moves us toward the dual goals of achieving HIPAA compliance while not disrupting providers' cash flow and operations," CMS Administrator Thomas Scully said in a written statement.
You can see the CMS official statement here
Jeff [4:06 PM]
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