RE:RE:news to watch for - surprise billing legislationWINDGOD46 wrote: Monty, how this legislation would affect CRH? Could you please elaborate with an example or two. I read both articles but could not make anything out of it as far as CRH is concerned. Thanks in advance.
read up on in-network versus out-of-network billing.
CRH is working towards getting "in network" with all of the large Insurers so they have certainty as to what they are going to get paid for their procedures.
Congress is trying to eliminate "surprise billing" for out of network providers by essentially having the Insurers dictate the prices they will pay for the prescribed procedures. this obviously harms companies like CRH as it will no doubt impact their margins.