Medical Billing Trends to Follow in 2021
Posted Oct 8, 2021 from demigos.com
According to CMS (Centers for Medical and Medicaid Services), health expenditure in the US will reach an astonishing 5.7 trillion dollars by 2026. The healthcare market is as huge as it is reliant on public and private insurers, so providers need to follow strict rules to stay profitable. Keeping tabs on the current trends of medical billing is critical for practitioners to optimize the process and be fully reimbursed for their services. Even in 2021, when digital transformation is taking the industry by storm, many medical establishments are struggling with the complexity of billing and coding.
In this article, we’ll explore the latest medical billing trends and the software solutions that help healthcare providers overcome day-to-day challenges.