The American Medical Association and the Medical Group Management Association have teamed up to develop an online directory of electronic physician-office practice management systems capable of meeting the ASC X12 Version 5010 standard and a toolkit for helping practices make an appropriate software selection, the organizations announced in an e-mailed news release. The directory is available online at the AMA's and MGMA's websites.
AMA, MGMA offer software directory
Meeting the 5010 standard—which HHS has mandated that practices do by Jan. 1, 2012—is a necessary precursor to converting to the ICD-10 family of diagnostic and procedural code sets, which the U.S. healthcare industry must do by Oct. 1, 2013.
The groups' Practice Management System Software Directory lets physicians and practice managers identify product prices, the size of the currently installed base of users of a specific software product, the vendors' target market and the number of years its product has been on the market, and any "affiliated" electronic health-record systems, according to the release.
"As the date for compliance with the government's updated standard for electronic claims transaction rapidly approaches, physicians need to have practice-management software in place that meets those standards," AMA President Dr. Cecil Wilson said in a news release.
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