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Not HIPAA compliant? Expect slower payments.(News)(Health Insurance Portability and Accountability Act of 1996)
Publication: Skin & Allergy News Publication Date: 01-JUL-04 Author: Frieden, Joyce
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COPYRIGHT 2004 International Medical News Group
WASHINGTON -- Not quite compliant with Medicare's new standards for electronic claims? Prepare to wait longer to get your claims paid.
To encourage more providers to become compliant with electronic transaction rules required under HIPAA (the Health Insurance Portability and Accountability Act of 1996), the Centers for Medicare and Medicaid Services is instituting a new rule on July 1: Electronic claims that are not HIPAA compliant will be paid within 27 day--the same amount of time as for a paper claim--compared with about 13 days for compliant electronic claims.
This rule has generated some controversy,...
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