Webster, MA (PRWEB) August 19, 2015
Professional Data Management Group, Inc. (PDMG, Inc.) founder Dr. Ronald S. Jolda announced that PDMG, Inc. has developed a proprietary, cost-effective solution for medical providers and medical billers to become ICD-10 billing compliant by 10/01/2015. According to the Centers for Medicare and Medicaid Services, ICD-10 is a change in medical billing practices that affects everyone covered by the Healthcare Insurance Portability Accountability Act (HIPAA). The compliance date for ICD-10 is October 1, 2015.
According to Dr. Jolda, failure to implement the new ICD-10 codes by October 1, 2015 could cause significant cash flow problems for medical service providers such as physicians, physician’s assistants, nurse practitioners, psychologists, physical therapists, chiropractors, ambulance operators, dentists and any other providers who bill insurance for their services.
Dr. Jolda states, “PDMG, Inc. offers the cost effective solution to medical providers known as ICD9CodeUp which is a Software as a Service product that will allow medical providers/billers to continue using their existing ICD-9 billing systems and be able to submit claims using ICD-10 codes and receive payment.“
This solution can prevent medical providers from having to spend thousands of dollars in order to upgrade their existing billing systems and software to ICD-10 and could prevent financial ruin.
A Medical Economics poll done in May 2015 revealed that "Only 38% of physician respondents said they were will be ready for the transition." This article can be found at: http://medicaleconomics.modernmedicine.com/medical-economics/news/physicians-are-not-ready-icd-10-heres-why.
Dr. Jolda states that in order to be fully prepared for 10/01/2015, billers should be practicing and testing their ICD10 processes and submitting test claims with various payers to verify compliance and readiness. They can complete this process NOW utilizing PDMG’s ICD9CodeUp Service and be assured of a smooth transition - with minimal disruption in their revenue stream - come 10/1/2015.
Headquartered in Webster, MA, PDMG, Inc. is a medical software company which was founded in 1986 with the mission of providing advanced technology and information management for medical providers.
Professional Data Management Group, Inc.
267 Thompson Rd.
Webster, MA 01570
Web site: http://www.pdmg.com
Contact: Dr. Ron Jolda rjolda(at)pdmg.com 774.280.0047