Medicare Reimbursement
/ˈmɛdɪˌkɛr ˌriːɪmˌbɜːrsmənt/
Definitions
- (n.) Payment made by Medicare to health care providers for covered services rendered to beneficiaries.
The hospital received Medicare reimbursement for the surgical procedure.
- (n.) The formula or system used to determine the amount payable by Medicare for services.
Medicare reimbursement rates are updated annually based on policy changes.
Forms
- medicare reimbursement
Related terms
See also
Commentary
Medicare reimbursement involves both the payment itself and the regulatory framework governing payment amounts, important for providers' billing practices.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.