MELVILLE, N.Y., Jan. 10, 2012 /PRNewswire/ -- SequelMed, Inc., a dynamic, service-oriented healthcare technology company has announced an upgrade to ANSI version 5010 for its EMR, EHR and Practice Management software products. This update will enable users to send HIPAA 5010 compliant claims as per the requirements set forth by the Centers for Medicare & Medicaid Services (CMS) and EDI vendors.
Currently, SequelMed permits the dual use of existing standards. The use of HIPAA 4010 remains in effect due to a handful of EDI contractors who are still not ready to process claims in 5010 format. The update supports ICD-10 codes, improved tracking, the inclusion of new service codes and a greater transparency in checking eligibility of transactions, etc.
"The SequelMed support team has been working rigorously to update customers for this conversion since the impeding deadline of December 31, 2011 was nearing. We were pleased to have completed the update before the December deadline as it allowed us extra time for beta testing. Now that CMS has extended the deadline by 90 days to March 31, 2012, it permits SequelMed to further check compliance with the new standards while using it in real-time," says Khurshid Mughal, SequelMed CEO/President.
To make this conversion easier and universal, clients can download and apply the update through the internet. Any help required during the update can be obtained by creating a support ticket via SequelMed's website. Clients can immediately start using the upgraded version and report back if confronted with any issues.
The ANSI 5010 implementation means a significant transformation in the data submission process, electronic data exchange and the data received back. It adds up service codes for physician practices and will affect billing companies as well as claim clearinghouses. For healthcare organizations, the conversion will not be as simple as a software update. They should expect a complete system upgrade that will change procedures at many levels. This upgrade is going to escort a new paradigm in the transformation of healthcare services.
Sequel Systems, Inc.
About Sequel Systems
SequelMed is a Meaningful Use Certified EHR vendor that develops software to simplify the complex practice and medical records management needs of healthcare providers while maximizing revenue and streamlining operations. SequelMed's suite of flexible, easy-to-use and comprehensive solutions includes practice management, electronic medical records, document management, and e-prescribing solutions scaled to fit the needs of small, medium and large enterprises. Today, SequelMed solutions are in use by more than 12,000 physicians throughout the United States providing the best possible care to patients through the implementation of this technology. For more information, visit www.SequelMed.com.
SOURCE SequelMed, Inc.