Please answer each of the below questions and provide references as well.
Patient Billing
1. Determine a key policy that healthcare professionals must follow to manage patient billing, and explain how the policy is used in a hospital to help ensure accurate billing. Consider how the policy might help to address current and emerging trends impacting patient billing.
Describe the impact of the patient billing policy on patients, the hospital, and payers. Consider the following:
2. How does the policy impact fair and responsible billing?
3. How does the policy support compliance with standard regulations?
4. How does the policy impact consistent and accurate transmission of billing information between providers and payers?
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