How Will Emerging Tech Trends Shape The Medical Billing Landscape?...

How Will Emerging Tech Trends Shape The Medical Billing Landscape?

Posted 2023-09-14 16:43:04

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The processes by which medical claims are submitted to insurers for payment have been on a continual evolution for many years. Before Medical Billing Software became a mainstay in medical care, healthcare providers handled billing solely on their own and with a profound amount of paperwork.

Today, however, health insurance companies process more than three billion medical claims per year in the United States. All of these claims are made possible by medical billing technology. Take a closer look at how the emerging tech trends are shaping the future of medical billing.

Health insurance companies process over 3 billion medical claims annually
Medical billing has grown more complex year after year due to the heightened use of insurance and health services among patients
Modern technology trends like EHRs, blockchain medical coding, computer-assisted coding, and telehealth are making an impact on medical billing in the future
Using a third-party medical billing platform offers several benefits to providers and medical billing processes