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Resource-based relative value scale. Resource-based relative value scale ( RBRVS) is a schema used to determine how much money medical providers should be paid. It is partially used by Medicare in the United States and by nearly all health maintenance organizations (HMOs). RBRVS assigns procedures performed by a physician or other medical ...
Fee-for-service. Fee-for-service ( FFS) is a payment model where services are unbundled and paid for separately. [ 1] In health care, it gives an incentive for physicians to provide more treatments because payment is dependent on the quantity of care, rather than quality of care. However evidence of the effectiveness of FFS in improving health ...
e. Primary Care Case Management (PCCM) is a system of managed care in the US used by state Medicaid agencies, in which a primary care provider is responsible for approving and monitoring the care of enrolled Medicaid beneficiaries, typically for a small monthly case management fee in addition to fee-for-service reimbursement for treatment. [1]
CISA – Certified Information Systems Auditor. CISO – Chief Information Security Officer. CLO – Chief Legal Officer. CMA – Certified Management Accountant. CMFB – Committee on monetary, finance and balance of payments statistics. CMO – Chief Marketing Officer. COB – Close of Business. COC – Cost of Credit [ 2] or Cost of Capital ...
The Florida Board of Accountancy is authorized by Florida Statutes Chapter 455 Professions [5] and Chapter 473 Public Accountancy. [6] These laws establish authority to create the Board of Accountancy and create, amend and repeal administrative rules. The Administrative Rules are contained in the Florida Administrative Code, Chapter 61H1-19 ...
The Centers for Medicare & Medicaid Services ( CMS) is a federal agency within the United States Department of Health and Human Services (HHS) that administers the Medicare program and works in partnership with state governments to administer Medicaid, the Children's Health Insurance Program (CHIP), and health insurance portability standards.
v. t. e. A chart of accounts ( COA) is a list of financial accounts and reference numbers, grouped into categories, such as assets, liabilities, equity, revenue and expenses, and used for recording transactions in the organization's general ledger. Accounts may be associated with an identifier (account number) and a caption or header and are ...
At $8,000, the mean cost per stay billed to Medicaid was $2,000 less than the average cost for all stays. [103] Medicaid does not pay benefits to individuals directly; Medicaid sends benefit payments to health care providers. In some states Medicaid beneficiaries are required to pay a small fee (co-payment) for medical services. [2]