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BIRMINGHAM, Ala., Nov. 8, 2010 /PRNewswire/ -- DST Health Solutions, LLC, today launched new versions of all four of its core claims administration platforms—Amisys Advance, PowerMHC, PowerMHS and PowerSTEPP. The platforms now support Version 5010, as mandated by the Centers for Medicare & Medicaid Services (CMS). This change—from Version 4010/4010A to Version 5010 of the electronic healthcare transaction standard—will be effective Jan. 1, 2012, as designated by CMS.
These upgrades are a significant part of DST Health Solutions' 5-I Compliance Accelerator Program, designed to help health plans successfully prepare major business systems for compliance with upcoming federal regulations. Within two years, CMS will require healthcare organizations to begin using the new 5010 standards for electronic transactions and within three years upgrade from ICD-9 to ICD-10, a new diagnostic and procedure code set. This transition has been called "healthcare's Y2K."
"Medical Card System, Inc. (MCS) has been tracking these regulatory changes for some time now, and it was clear that we required professional advice," said Ivars Blums, chief information officer of MCS, a Puerto Rico-based health plan and DST Health Solutions client. "DST Health Solutions' consultants have enabled my IT staff to analyze and prepare our PowerMHS environment for a successful transition to 5010 and ICD-10. We know that PowerMHS is fully capable of supporting our goal: to turn these regulations into opportunities to move forward and improve administrative efficiency and quality of care."
The majority of DST Health Solutions' clients are participating in its 5-I Compliance Accelerator Program. Participating clients include health plans utilizing all four of the company's core claims platforms. The program includes assessment services, migration support packages, business impact consulting, readiness roadmaps, transaction maps and supplemental resources to suppo
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