"Reimbursement rates" refer to the amount of money that someone or an organization is paid back for expenses or services they have provided. It is the agreed-on rate at which costs are reimbursed or refunded.
Full definition
According to committee members, the 55 % cut in coverage will result in the
lowest reimbursement rate of any private insurer in the country.
Since
higher reimbursement rates are associated with skilled mix, the downward pressure on that mix can play a significant role in profitability.
The
daily reimbursement rate for skilled nursing properties (nursing homes) is also referred to as revenue per patient day.
And, he adds, states are reluctant to
cut reimbursement rates to nursing homes, which could trigger the loss of federal matching funds.
It is always recommended to contact your insurance plan first for your coverage guidelines, but keep in mind this must also include their
actual reimbursement rate.
Additional funding to the
basic reimbursement rate will not solve the problems of school districts with medium to low percentages of free and reduced eligible students.
Some non-profits who rely on state -
set reimbursement rates, for example, have been seeking state funds to cover their increased costs.
It's always a good idea to ask your insurance agent
how reimbursement rates are calculated by your homeowners insurance policy and company.
The costs of gas, insurance, maintenance, license fees and other general vehicle expenses vary widely across the country, and so should
vehicle reimbursement rates.
While other district public schools are eligible for
reimbursement rates between 35 to roughly 93 percent of their school housing expenses, charter schools are only eligible for a 30 percent flat reimbursement.
Depending on the
specific reimbursement rate, a C - section could actually be less profitable than a vaginal delivery, because a C - section requires far more resources.
The comptroller said he believes that and other details — like whether there should be an increase in
Medicaid reimbursement rates so nonprofits don't take a big hit when (and if) the minimum wage goes up to $ 15 — will be subject to negotiations between the governor and legislative leaders.
A section of President Obama's 2010 Affordable Care Act authorizes the federal government to reduce
Medicare reimbursement rates by 1 % for hospitals that rank in the top quartile for hospital - acquired conditions, or HACs.
Restore
reimbursement rates by at least 5 %, require health insurance companies to contribute to the cost of Early Intervention (EI), and reject proposed changes to the evaluation process so that young children can receive high - quality services from qualified professionals.
As the owner of the Caremark pharmacy benefits manager (which negotiates
reimbursement rates with drugmakers on behalf of employers), CVS benefits from a steady flow of customers coming into its stores as they get pick up prescriptions.
While meal prices and
USDA reimbursement rates provide more money, that also goes to pay for labor, equipment and overhead costs.
Valuables including artwork, jewelry, high - end electronics and even large amounts of cash can not be adequately protected by a standard or comprehensive plan because they have a lower cap
on reimbursement rates.
At the IRS standard
reimbursement rate of 54.5 cents a mile, that's more than 1,000 miles traveled in the 10 - and - a-half-week span.
The increased enrollment in managed Medicare plans has given more pricing power to insurance companies, who have been able to
negotiate reimbursement rates with providers.
Shortly after he took office in January, Panepinto reportedly lobbied the state Workers Compensation Board to abandon plans to alter or
reduce reimbursement rates paid to doctors and other medical service providers.
Facilities serving families receiving child care subsidies will also be eligible for increased
reimbursement rates at higher star levels (ranging from a 5 % increased reimbursement at star two to a 20 % increased reimbursement at star five).
However, it is usually a range (with
insurance reimbursement rates at the lowest end of these) called «reasonable and customary» or «usual and customary» rates.
Cahill said the state should come up with a new system to calculate the fee schedule, the same way it developed the Fair Health system years earlier in response to a lawsuit, to
determine reimbursement rates for doctors outside of insurance networks.
It shows that the Planned Parenthood staffer was talking in the context of stem cell research, and was talking about
standard reimbursement rates for costs associated with tissue donation — all of which was edited to change the meaning.
«This is an issue that's plagued the community for years now, and that's the
hospital reimbursement rate in Ulster County here, namely for Kingston Hospital,» Phillips said during a campaign stop in Uptown Kingston.
You say «the call for more resources for equipment and a more
realistic reimbursement rate are not excuses for non-compliance,» and I couldn't agree more.
Phrases with «reimbursement rates»