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Preferred term

cost-based reimbursement  

Definition

  • Cost-based reimbursement is a retrospective payment system in which the payer agrees to reimburse the provider for allowable costs incurred while providing health care services to the covered population. Allowable costs are generally defined as all costs related to the health care services provided. [Source: Encyclopedia of Health Care Management; Cost-Based Reimbursement]

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https://concepts.sagepub.com/social-science/concept/cost-based_reimbursement

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