Electronic claims are electronically submitted to a health insurance company, or payer, to reimburse the medical costs incurred in providing services to a patient. Once a claim, or medical bill, is created, it is sent off to a clearinghouse where it will be scrubbed for errors and formatted correctly according to the specifications of that specific insurance carrier. The claim is then sent to the carrier, where the claim is evaluated and an Explanation of Benefits (EOB) is created containing details of the amount paid to the healthcare provider, dates of service, charges and procedures, etc. Once an EOB is generated, the claim is paid via an electronic fund transfer.