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Reference-based pricing (RBP) is an alternative to traditional medical pricing that generally stabilizes and/or reduces claims costs. Also known as Medicare Reference-Based Pricing, RBP describes any claim pricing methodology grounded in analysis of an objective value for medical services and adjudicating medical claims based on some multiple of that value usually Medicare-based.
The medical pricing wave of the future is here. Don’t be left behind! Understand the nuances of RBP. Learn how you can benefit from RBP.