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Untitled
Don't Let the Next
HIPAA
Deadline Disrupt Your
Cash
Flow [Posted 05/01/03]
The next HIPAA deadline is fast approaching. Physicians have less than
six months to prepare for compliance with HIPAA’s electronic transactions and
code-sets rule, which standardizes claims submission, processing, and payment.
Physicians’ billing system upgrades should already be well under way. Practices
that are not in full compliance by the deadline will face significant cash-flow
disruptions.
To minimize these disruptions, physicians who perform electronic
transactions—or use a billing service or clearinghouse to do so—should contact
their practice-management-system vendors and billing services soon, as this will
involve significant billing-system upgrades.
CMA has created sample letters that member-physicians can use to begin
analyzing their HIPAA upgrade needs with their vendors and billing services. The
letters are available in a customizable Microsoft Word format that physicians
can modify for their own use. If you do not receive a timely response, follow
up.
CMA members can download the sample letters from the HIPAA Resource Center at
CMA’s members-only website, http://www.cmanet.org/logon.
CMA is hard at work preparing new information and resources to help
physicians through the challenges of this information technology revolution.
Although preparing for HIPAA’s electronic transactions rule will involve a
significant amount of time and money in the short term, physician practices will
benefit from the administrative simplification in the future.
Contact: CMA’s HIPAA Help Line, 415/882-3311 or legalinfo@cmanet.org.
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