What must a provider do upon transferring to a new provider if it is a non-trust payment?

When a provider transfers to a new provider for a non-trust payment, the requirement to pay all payments owed to the original provider is essential for maintaining financial integrity and ensuring that obligations are met. This reflects the principle that contractual obligations should be honored even when a new provider is engaged.

In non-trust payment scenarios, the funds are typically not held in a trust account and thus are more immediately accessible; however, this does not relieve the responsibility of the new provider to settle any outstanding debts with the original provider. Ensuring that all payments owed are settled is crucial for a smooth transition and for minimizing potential legal disputes or ethical issues that may arise from leaving debts unpaid.

The other options would not align with standard practice in financial management during provider transitions. Retaining payments, failing to settle owed amounts, or simply canceling contracts without addressing financial obligations could lead to violations of regulations or disputes over financial responsibility. Thus, recognizing and fulfilling the financial responsibilities is fundamental in this process.