Name Three Advantages of Using a Clearinghouse to Bill Insurance

question 56

Essay

Name three advantages of using a clearinghouse to bill insurance companies.

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Definitions:

Workforce

The group of people who are employed in a specific market, organization, or economy.

Technological Interdependence

A state where the operations, functions, or successes of entities (such as organizations or countries) are mutually dependent on technology.

Change Competency

An organization's ability to effectively manage and adapt to changes in the environment, markets, technologies, or internal structures.

Importing Foodstuffs

The process of bringing food products into one country from another to meet demand that cannot be met by local production.