The Purpose of Clearinghouse in Medical Billing
A clearinghouse acts as an intermediary between healthcare providers and insurance payers, ensuring that claims are formatted correctly and submitted electronically.
The Purpose of Clearinghouse in Medical Billing Explained
In medical billing, clearinghouses check claims for errors, convert them into a standardized format, and submit them to the appropriate insurance companies. This process reduces the chance of claim rejections due to errors or formatting issues.
For example, a provider submits claims to a clearinghouse, which checks them for accuracy before forwarding them to the payer.
Discover common acronyms and abbreviations in Medical billing glossary.
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