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What is a clearinghouse and what purpose do they serve?

1) Clearinghouses collect patient data in a centralized location to promote interoperability in emergency situations.
2) Clearinghouses distribute payments to providers from third party payers.
3) Clearinghouses act as an intermediary between insurances and providers to submit electronic claims.
4) Clearinghouses provide collections services for patients who have not paid their bill.

User Tomyjwu
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Final answer:

A clearinghouse in healthcare acts as an intermediary between insurances and providers to submit electronic claims. They also promote interoperability by collecting patient data for emergency situations.

Step-by-step explanation:

A clearinghouse in the context of healthcare is an entity that acts as an intermediary between insurances and healthcare providers to submit electronic claims.

They play a crucial role in promoting interoperability by collecting and storing patient data in a centralized location, which can be accessed in emergency situations.

Clearinghouses do not distribute payments to providers; that is typically handled by third-party payers.

User Ahmad Tawila
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