HIPAA Version 5010 Remittance Begins

Remittance began last week for HIPAA 5010, the new standard that regulates the electronic submission of specific healthcare transactions, according to AAPC.

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Version 5010 promises to be significantly improved from its predecessor, 4010. In 5010, the Health Policy Segment will report the National Coverage Determination and Local Coverage Determination and the 835 will have a website where the specific codes are explained.

The new version will also contain coverage expiration date and claim received date to help providers access information without manual searching.

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