Third-Party Payer Definition in Medical Conditions Dictionary

Third-Party Payer:

Payment by a third-party payer in a sum equal to the amount expended by a health care provider or facility for health services rendered to an insured or program beneficiary. (From Facts on File Dictionary of Health Care Management, 1988)

Terms Related to Third-Party Payer

Personal Financing
Payment by individuals or their family for health care services which are not covered by a third-party payer, either insurance or medical assistance.
Preferred Provider Organization
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 ...
Arbitration
The process of bargaining in order to arrive at an agreement or compromise on a matter of importance to the parties involved. It also applies ...

» Additional tags: Third Party Payers Definition, describe concept of third party payer in insurance plans, third party payer system in health care.

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Medical Conditions Dictionary

Third-Party Payer Definition

Terms Related to Third-Party Payer

Personal Financing

Preferred Provider Organization

Arbitration

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