Unlike Version 4010, Version 5010 accommodates the new ICD-10 code sets, and is a required preliminary step for the use of the new ICD-10 medical code sets for medical diagnosis and inpatient procedure coding. The upgrade will require system and business changes throughout the health care industry, including physician practices.
Don’t delay—act today
NCMS encourages entities affected by the Version 5010 Transition to take the following steps recommended by CMS before the compliance deadline of January 1, 2012:
- Conduct internal and external transactions within your organizations and with your billing partners (payers, vendors, clearinghouses and providers).
- Undertake external testing now in order to make sure you are able to send and receive compliant transactions effectively.
- Identify any potential issues that may arise during testing and allow the necessary time to address them.
Updates and helpful resources on Version 5010 and ICD-10 can be found at https://www.cms.gov/ICD10/.