During the past 50 years, private practitioners have witnessed many substantial changes to the U.S. healthcare system and have been pressured to change the way they practice medicine.
If your practice electronically submits administrative transactions to verify patient insurance eligibility, file claims, or send or receive remittance either directly to insurance companies or through a clearinghouse, the transaction version for that system will have to be updated by January 1, 2012. The current version 4010 is outdated and cannot accommodate the necessary business transactions for physician practices and healthcare facilities.