Fee-for-Service Reimbursement Law and Legal Definition
Fee-for-service reimbursement is the method of making payment to service providers on the basis of charges involved for each procedure performed by the service provider like professional service, laboratory, x-ray, blood tests, and injections. Basically, there is no risk to the provider under this method because the provider gets paid for services rendered and there is no financial incentive to keep a patient healthy. The provider will get more money for the additional services provided and they will have control over the cost of medicine.
Legal Definition list
Related Legal Terms
- Accountable Reimbursement Plan
- Cost-Reimbursement Contract
- Federal Reimbursement Ratio [Energy]
- Health Reimbursement Accounts (HRA)
- Health Reimbursement Arrangement (Health Care)
- Medicare+Choice Private Fee-for-Service Plan
- Private Fee-for-Service Plan (PFFS)
- Qualified Bicycle Commuting Reimbursement
- Qualified Moving Expense Reimbursement
- Reimbursement