A Clearinghouse That Involves Value-Added Vendors, Such as Banks, in the Processing

question 61

Multiple Choice

A clearinghouse that involves value-added vendors, such as banks, in the processing of claims is called a value-added __________ to improve efficiency and reduce expenses.

• A) network
• B) organization
• C) reseller
• D) system

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Definitions:

Constructive Failure

Experiences of failure that provide valuable lessons and opportunities for growth, rather than leading to negative outcomes.

Blame-Free Environment

A work or organizational culture that focuses on learning and correcting issues without assigning blame to individuals, encouraging open communication and continuous improvement.

Founders

Individuals who establish a business or organization, often contributing the initial vision and resources.

Angela Lee Duckworth

A psychologist known for her research on grit and self-control, emphasizing their importance in achieving success.