What is the definition of Prospective payment system? | Dictionary.net

PROSPECTIVE PAYMENT SYSTEM

\pɹəspˈɛktɪv pˈe͡ɪmənt sˈɪstəm], \pɹəspˈɛktɪv pˈe‍ɪmənt sˈɪstəm], \p_ɹ_ə_s_p_ˈɛ_k_t_ɪ_v p_ˈeɪ_m_ə_n_t s_ˈɪ_s_t_ə_m]\

Definitions of PROSPECTIVE PAYMENT SYSTEM

2010 - Medical Dictionary Database
1910 - Black's Law Dictionary (2nd edition)

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A system wherein reimbursement rates are set, for a given period of time, prior to the circumstances giving rise to actual reimbursement claims.

2010 - Medical Dictionary Database
By DataStellar Co., Ltd

Medicare. A payment that is used in conjunction with a Part A medicare payment. This payment is a reimbursement relative to the patients condition when first taken to hospital.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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Nearby Words

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prospective earnings
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Prospective Payment System
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prospective reimbursement