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In the development of a machine learning model for a healthcare application predicting patient readmission risks, the team has completed data collection, feature engineering, model training, and hyperparameter tuning. The application must comply with HIPAA regulations, ensure high accuracy to avoid misclassification risks, and be scalable to handle increasing patient data volumes. Which step is critical to conclude the model development process, ensuring the model's readiness for deployment by rigorously assessing its performance against a separate test dataset under these constraints? Choose the best option.