To conclude the discussion, it is clear that this debt relief program will relieve American patients a lot but will also affect your medical bill collections at the same time. To protect your cash flow in this wave, you must stay vigilant about the regulatory changes coming up in the Texas law on unpaid medical bills. You can also consult RCM specialists and medical billing companies in Texas to guide you about the billing regulations and help you gain benefits instead of losing your revenue at such a crucial time.
The Biden-Harris Administration has announced to relieve more than 15 million Americans from all their medical debt. But aren’t you wondering about how this medical debt relief program will affect your medical bill collections? This decision has far-reaching consequences for both patients and providers. It will provide relief for patients, but at the same time, providers may suffer on a large scale. It will especially affect providers in states like Texas, where medical debt collection practices are subject to specific state laws.