IPA (INDIVIDUAL PRACTICE ASSOCIATION)
\ˌa͡ɪpˌiːˈe͡ɪ ˌɪndɪvˈɪd͡ʒuːə͡l pɹˈaktɪs ɐsˈə͡ʊsɪˈe͡ɪʃən], \ˌaɪpˌiːˈeɪ ˌɪndɪvˈɪdʒuːəl pɹˈaktɪs ɐsˈəʊsɪˈeɪʃən], \ˌaɪ_p_ˌiː__ˈeɪ__ ˌɪ_n_d_ɪ_v_ˈɪ_dʒ_uː_əl p_ɹ_ˈa_k_t_ɪ_s ɐ_s_ˈəʊ_s_ɪ__ˈeɪ_ʃ_ə_n]\
Definitions of IPA (INDIVIDUAL PRACTICE ASSOCIATION)
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A partnership, corporation, association, or other legal entity that enters into an arrangement for the provision of services with persons who are licensed to practice medicine, osteopathy, and dentistry, and with other care personnel. Under an IPA arrangement, licensed professional persons provide services through the entity in accordance with a mutually accepted compensation arrangement, while retaining their private practices. Services under the IPA are marketed through a prepaid health plan. (From Facts on File Dictionary of Health Care Management, 1988)
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Word of the day
- legal doctrine stating person receives money or other through no effort of his own, at expense another, recipient should return to rightful owner, even if property was not obtained illegally. Most courts will order that the be returned party who has suffered loss brings a lawsuit. 1. Benefit retention with no consideration of return where it can be reasonably expected. 2. Money obtained that is not a gift the beneficiary needs to make restitution for.