JERSEY CITY, N.J., Sept. 14, 2011 /PRNewswire/ -- Zeus Healthcare, a leading provider of outsourced medical billing and EHR services, today announced it has completed transition readiness to ICD-10 and HIPAA 5010, the new coding and transaction standards for its healthcare customers.
As part of the initiative, Zeus Healthcare worked with its customers and partners to ensure timely compliance with the new ICD-10 and HIPAA 5010 requirements.
"ICD-10 is one of many major changes ahead for the healthcare industry, Zeus Healthcare customers are well positioned to take advantage of these changes," said Eric Faulks, VP of Practice Management for Zeus Healthcare. "As part of this initiative we will ensure that our clients not only meet the 2013 deadline, but become early adopters of these standards and role models for their colleagues."
Zeus Healthcare's EHR and claims scrubbing applications currently support both ICD-9 and ICD-10 codes, enabling clients to meet federal requirements. Unlike other services that will require customers to invest significant time and money in conversions or will require add-on modules in order to support emerging standards like ICD-10, Zeus Healthcare managed the transition seamlessly for all of its clients as part of the all-inclusive medical billing service.
Under new legislation, payers must demonstrate their ability to receive HIPAA 5010 transactions -- transactions that define the rules of electronic transmission of healthcare data -- in a test environment by January 2011, move those 5010 transactions into production by January 2012, and have the ability to accept ICD-10 codes by October 2013. ICD-10 is expected to provide a much more extensive way to track diagnoses and procedures than the current system. It is also expected to help health plans measure quality, safety and efficacy of cases, improve clinical, financial and administrative performance and prevent and detect fraud and abuse.
About Zeus Healthcare
Zeus Healthcare utilizes the latest EHR technologies to automate and manage billing and collections and proactively support all aspects of the IT infrastructure for medical practices. It's a unique combination of IT support, EHR software, real-time payer knowledge, and comprehensive billing services -- from claims submission to insurance collection. By combining IT, medical billing and certified EHR experts, Zeus Healthcare becomes the single point of contact and the "One-Stop Shop for EHR®". Our bundled medical billing service empowers physicians to focus on their patients with quality care, free from the headaches of the complicated billing and IT issues. For more information, visit Zeus Healthcare on the Web at www.zeusmedicalbilling.com.
SOURCE Zeus Healthcare