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Charging a fee for each service performed: a fee-for-service health insurance policy.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
References in periodicals archive ?
- US-based biotechnology software company Cyrus biotechnology, Inc has expanded its efforts to leverage the full range of its Rosetta software's capabilities to establish biotherapeutic partnerships and offer fee-for-service consulting to its customers, the company said.
Some industry experts assert the advances in modern medicine, increased complexities of the health care system and an increase in chronically ill patients have contributed, in part, to making fee-for-service a soon-to-be-antiquated system.
About 81% of Medicare fee-for-service enrollees now use some kind of public or private arrangement to cap their maximum out-of-pocket spending, and to cope with ordinary deductible, co-payment and coinsurance bills, according to GAO analysts.
Under the fee-for-service model, payment is based on the number and type of procedures used to treat the patient.
Fee-for-service on the other hand allows health providers leeway with procedures, emphasising quality over quantity.
In Track 1, CMS will pay practices a monthly care management fee in addition to the fee-for-service payments under the Medicare Physician Fee Schedule for activities.
Perhaps the strongest argument for fee-for-service radar data is the fact that one radar can provide customized data to multiple customers, so the provider can deliver more service for less cost.
Aurora launched this new global fee-for-service and leasing offering to capture the growing market for both manned and unmanned ISR capabilities.
APRNs may only be nine percent of all Medicare Part B providers, but they treat more than three times that percentage of all fee-for-service patients.
NEW YORK -- Americans could reap net savings in health care costs of as much as $600 billion cumulatively over the next 10 years if concerted action is taken to reform care provider payment incentives, including moving away from the traditional fee-for-service model, according to UnitedHealth Group's center for health reform and modernization.