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This transition is reshaping medical billing, placing a greater emphasis on patient outcomes rather than service volume. As providers navigate this new landscape, understanding the implications of VBC on medical billing is crucial to ensuring compliance, efficiency, and financial stability. Quality measures directly influence payments.
Healthcare providers, technology companies, and regulated lenders can collaborate to drive digital transformation and financing accessibility while meeting regulatory and compliance standards and protecting the patient’s financial well-being. Some 40% of U.S. adults owe money related to medical or dental care.
Hospitals and providers should also verify that their billing systems are not automatically assigning patient balances under circumstances that prohibit it under the No Surprises Act. Lean into the regulations to go above and beyond compliance. References. anesthesia and radiology).
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