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Clearing house (finance) - Wikipedia
https://en.wikipedia.org/wiki/Clearing_house_(finance)
webcorporate. personal. public. v. t. e. A clearing house is a financial institution formed to facilitate the exchange (i.e., clearance) of payments, securities, or derivatives transactions. The clearing house stands between two clearing firms (also known as member firms or participants). Its purpose is to reduce the risk of a member firm failing ...
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Clearinghouse: An Essential Intermediary in the Financial Markets
https://www.investopedia.com/terms/c/clearinghouse.asp
webFeb 7, 2023 · The Clearinghouse: An Overview. A clearinghouse is a designated intermediary between a buyer and seller in a financial market. The clearinghouse validates and finalizes the transaction,...
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Clearinghouses
https://clearinghouses.org/
webClearinghouses are essentially electronic stations or hubs that allow healthcare practices to transmit electronic claims to insurance carriers in a secure way that protects PHI, or protected health information.
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What is a Clearinghouse for Medical Claims, and what do …
https://coa.org/docs/WhitePapers/Clearinghouses.pdf
webMost simply, clearinghouses are aggregators (senders and receivers) of mountains of electronic claim information almost all of which is managed by software. And as each claim can trigger numerous actions, large clearinghouses today process trillions of …
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What Is a Clearinghouse? - The Balance
https://www.thebalancemoney.com/what-is-a-clearinghouse-5186606
webNov 10, 2021 · Definition. A clearinghouse is a designated intermediary in between buyers and sellers who trade securities in financial markets. The job of a clearinghouse is to validate and finalize transactions. Key Takeaways. A clearinghouse in a financial market acts as an intermediary between buyers and sellers.
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What is a Clearinghouse in Healthcare? - HIPAA Journal
https://www.hipaajournal.com/clearinghouse-in-healthcare/
webJan 26, 2024 · A clearinghouse in healthcare is a middleman between a healthcare provider and a health plan that checks claims from healthcare providers to ensure they don´t contain errors before forwarding them to a health plan for payment. Having a middleman to check for accuracy reduces workloads for both healthcare providers and health plans and ...
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What is a clearinghouse? | HRSA
https://www.hrsa.gov/about/faqs/what-clearinghouse
webWhat is a clearinghouse? A clearinghouse/medical intermediary is an organization that enables the exchange of healthcare data between the provider and the payer (insurance company). It is the only HIPAA covered entity that can translate between standard and non-standard transaction formats.
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What Is A Clearinghouse? - The College Investor
https://thecollegeinvestor.com/36636/what-is-a-clearinghouse/
webSep 28, 2023 · A clearinghouse (also called a clearing firm) is an independent company that matches buyers to sellers in a securities transaction. By law, all clearing firms must be members of SIPC (Securities Investor Protection Corporation) so that they can offer financial protection to brokers.
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Clearinghouses and Custodians: Financial Intermediaries 101
https://365financialanalyst.com/knowledge-hub/trading-and-investing/clearinghouses-and-custodians
webMar 14, 2023 · Insurance Companies. Arbitrageurs, and. Clearinghouses and Custodians. We shall now examine the last financial intermediary – clearinghouses and custodians. What’s the Role of a Clearinghouse? It acts as a mediator between the buyer and seller and seeks to ensure that the process from trade inception all the way to settlement goes …
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Clearinghouse Definition & Example | InvestingAnswers
https://investinganswers.com/dictionary/c/clearinghouse
webSep 29, 2020 · A clearinghouse is an intermediary between buyers and sellers of financial instruments. How Does a Clearinghouse Work? Clearinghouses take the opposite position of each side of a trade. When two parties agree on the terms of a transaction, a clearinghouse sits in the middle, acting as both the buyer and the seller.
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