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Reimbursment
Reimbursment Models
| Term | Definition |
|---|---|
| pay-for-performance (p4p) | a reimbursement model intended to improve the traditional fee-for-service method by changing the focus to value based care rather than volume-based care |
| value-based care model | rewards the provider with incentive payments for meeting defined program performance standards |
| capitation | a managed care method of monthly payments to the provider based on the number of enrolled patients, regardless of how many encounters a patient may have during the month |
| carved out | medical services that are not included in the contracted capitation rate. These services may be billed separately |