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Consistent with the latest statement issued by the Centers for Medicare & 
Medicaid Services (CMS), IBC will observe a
second 90-day grace period for enforcement of the new HIPAA 5010 transaction 
standards. This second grace period
will expire on June 30, 2012.
The original rule from the U.S. Department of Health and Human Services (HHS) 
stipulated that any health care entity
that submits electronic standard transactions must comply with HIPAA 5010 
(errata version) by January 1, 2012. In late
2011, CMS issued a statement announcing a grace period of the enforcement of 
the new HIPAA 5010 transactions
standards through March 30, 2012. CMS has issued a second statement extending 
the grace period to June 30, 2012.
IBC will comply with the HHS rule to move to 5010 standards. However, IBC will 
continue to accept and remit 4010A
transactions through the recommended 90-day enforcement grace period, ending on 
June 30, 2012.
If you are not prepared to issue and accept HIPAA 5010-compliant transactions 
by June 30, 2012, you may be adversely
affected by conversion activities initiated by IBC and/or your trading partner 
(clearinghouse/vendor). We encourage you
to continue working with your trading partners to ensure your preparedness and 
to avoid any negative outcomes during
this transition.
If you have any questions concerning your preparedness for the transition to 
5010, please contact your trading partner
(clearinghouse/vendor).
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