Electronic billing is more than a trend, and it may be coming to an insurance line near you, according to a feature in Mitchell International's latest Industry Trends report.
"Legislative requirements and advances in technology have reached a point where all parties involved seem to want the cost, efficiency and improved accuracy outcomes associated with the electronic delivery and exchange of healthcare information—including eBills," states the article, written by Jason Carter, Tina Greene and Zack Zackrison.
Aside from federal healthcare regulatory mandates, the Mitchell report notes that states have also either considered or taken action on mandating more efficient data exchange in response to rising healthcare costs, particularly in workers' compensation.
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