Which statement best describes the significance of the Health Plan Effectiveness Data and Information Set (HEDIS)?
1) HEDIS is a standardized set of performance measures used to assess the quality of healthcare services provided by health plans.
2) HEDIS is a database that collects information on the effectiveness of different health plans.
3) HEDIS is a tool used by healthcare providers to improve the quality of care they deliver.
4) HEDIS is a government program that regulates the healthcare industry.
