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Rev Cycle Processes Push U.S. To Top of List for Highest Medical Billing Costs
HealthLeaders Media August 10, 2022
Complex coding structures are driving up medical billing costs and making the U.S. one of the most expensive countries to get paid.
Billing and insurance-related costs in the U.S. are higher than the costs in other countries, and this stems from our complex coding structures, according to a study published in Health Affairs.
According to the study, researchers used a microlevel accounting of billing and insurance-related costs in different national settings at six provider locations in five nations: Australia, Canada, Germany, the Netherlands, and Singapore. This newest study supplements the prior study measuring the costs in the U.S.
“We found that billing and insurance–related costs for inpatient bills range from a low of $6 in Canada to a high of...
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