PREFERRED PROVIDER ORGANIZATION
\pɹɪfˈɜːd pɹəvˈa͡ɪdəɹ ˌɔːɡɐna͡ɪzˈe͡ɪʃən], \pɹɪfˈɜːd pɹəvˈaɪdəɹ ˌɔːɡɐnaɪzˈeɪʃən], \p_ɹ_ɪ_f_ˈɜː_d p_ɹ_ə_v_ˈaɪ_d_ə_ɹ ˌɔː_ɡ_ɐ_n_aɪ_z_ˈeɪ_ʃ_ə_n]\
Definitions of PREFERRED PROVIDER ORGANIZATION
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Arrangements negotiated between a third-party payer (often a self-insured company or union trust fund) and a group of health-care providers (hospitals and physicians) who furnish services at lower than usual fees, and, in return, receive prompt payment and an expectation of an increased volume of patients.
By DataStellar Co., Ltd
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- See Gimcrack.