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TeachMeFinance.com - explain Administrative Simplification Compliance Act Administrative Simplification Compliance Act The term 'Administrative Simplification Compliance Act ' as it applies to the area of Medicare in the United States can be defined as ' Signed into law on December 27, 2001 as Public Law 107-105, this Act provides a one-year extension to HIPAA 'covered entities' (except small health plans, which already have until October 16, 2003) to meet HIPAA electronic and code set transaction requirements. Also, allows the Secretary of HHS to exclude providers from Medicare if they are not compliant with the HIPAA electronic and code set transaction requirements and to prohibit Medicare payment of paper claims received after October 16, 2003, except under certain situations'. Previous 5 Terms: Administrative Expenses Administrative Law Judge (Alj) Administrative Procedure Act Administrative Services Only Administrative Simplification Next 5 Terms: Administrator Admission Date Admitting Diagnosis Code Admitting Physician ADMS About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.