Asked by Fizza Chaudhry on May 06, 2024
Verified
The phrase _____ was coined to indicate payment of services rendered by someone other than the patient.
A) health care provider
B) health maintenance organization
C) third-party reimbursement
D) two-party system
Third-Party Reimbursement
A phrase coined to indicate payment of services rendered by someone other than the patient. Today, the most common third-party payers are federal and state agencies, insurance companies, and workers’ compensation.
- Familiarize with the terminology related to healthcare payment models, including third-party reimbursement.
Verified Answer
ZK
Zybrea Knight
May 07, 2024
Final Answer :
C
Explanation :
The phrase "third-party reimbursement" specifically refers to the situation where payments for healthcare services are made by someone other than the patient or healthcare provider, typically an insurance company or government program.
Learning Objectives
- Familiarize with the terminology related to healthcare payment models, including third-party reimbursement.
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