[Expert Solution]: Which of the following statements best…

Which of the following statements best represents the problem that LOINC solves? Different sources use different codes for the same tests, even when they comply with existing electronic message standards to exchange the information. Clinical decision support systems require discrete data elements, but a large portion of healthcare information today is still stored as narrative free text. The data collected in clinical research trials is increasingly needed for patient care. The United States lacks a billing system for lab tests.