fee-for-service (C1)
noun
Pronunciation: ˌfiː fər ˈsɜːrvɪs
Definition
A healthcare payment model where providers receive reimbursement based on the quantity of services they deliver, rather than the quality or outcomes.
Examples
The hospital is transitioning from a global budget to a fee-for-service model.
Critics argue that fee-for-service incentivizes doctors to perform more procedures, even if they are not strictly necessary.
How to Use fee-for-service
- fee-for-service model (collocation)
- A system or structure of payment based on services rendered. — "The healthcare industry is debating the merits of the fee-for-service model."
- fee-for-service basis (collocation)
- Operating according to a system where payment is made for each service. — "Most clinics in the area still function on a fee-for-service basis."
- fee-for-service payment (collocation)
- The act of paying for services provided. — "Critics argue that fee-for-service payment can lead to unnecessary medical procedures."
Synonyms of fee-for-service
Words with a similar meaning to fee-for-service:
Antonyms of fee-for-service
Words with the opposite meaning to fee-for-service:
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