A type of business that receives insurance claims from multiple medical practices,consolidates them,and transmits them on to various insurance carriers is known as a/an:
A) EDI transmitter.
B) fiscal intermediary (FI).
C) claims clearinghouse.
D) claims consolidation firm.

Question

Quizplus · Accepted Answer

A claims clearinghouse is a type of business that receives insurance claims from multiple medical practices, consolidates them, and transmits them on to various insurance carriers. This helps streamline the claims process and reduce administrative burden on individual medical practices.

A Type of Business That Receives Insurance Claims from Multiple