PROSPECTIVE REIMBURSEMENT Definition

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PROSPECTIVE REIMBURSEMENT, in healthcare, is a reimbursement method where the third party payer set the amount of money for a particular service to be delivered to clients in agreement with the organization before the service is delivered.

Learn new Accounting Terms

MARGINAL TAX RATE is the top rate of income tax that is charged to individuals on their earnings.

BURSARY is the treasury of a public institution or religious order.

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