CAPITATION Definition

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CAPITATION, generally, is a tax or payment levied on the basis of a fixed amount per person. In medical insurance, it is a method of paying for healthcare services on the basis of the number of patients who are covered for specific services over a specified period of time rather than the cost or number of services that are actually provided.

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MARKET RISK is the risk of price fluctuations resulting from general market conditions such as changes in the level of interest rates.

GAAP is Generally Accepted Accounting Principles or Generally Accepted Accounting Procedures (less common).

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