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Why are the transaction and code set standards important? What is their value to healthcare?

Why are the transaction and code set standards important? What is their value to healthcare?

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Answer #1

*It is used to reduce the cost related with the payment for health care services.

*It helps to simplify the process of health care services

*The transaction and code set standards helps to transfer the patient information electronically.

*It helps to reduce administrative burdens

*It helps to improve the effectiveness of health care system.

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