Dictionary
The Dictionary provides concise definitions of health economics terms, arranged alphabetically for quick reference. Use it to understand unfamiliar terminology or confirm the meaning of a specific term.
B
- Bundled Episode PaymentEpisode-Based Bundled Payment, Episode Bundle
- A single, comprehensive payment covering all services during a defined clinical episode, such as a hip replacement and its post-operative care.
- Bundled PaymentBundled Payment Programme, Case-Rate Payment
- A payment arrangement in which a fixed total covers a defined package of related services, rather than billing each component separately.
- Bundled Payment InitiativeBundled Payment Pilot, BPCI
- A formal government or payer programme implementing bundled payment arrangements for specific conditions, testing its effect on coordination and cost.
E
- Episode PaymentEpisode Reimbursement, Per-Episode Bundled Payment
- A payment covering all services associated with a defined clinical episode, such as surgery and recovery, rather than separate payments per service.
P
- Provider PaymentProvider Reimbursement, Payment Mechanism
- Provider payment refers to the methods and arrangements through which healthcare providers are paid for delivering services, including fee-for-service, capitation, bundled payments, salaries, global budgets and value-based payment.
U
- Unbundled PaymentComponent Payment, Itemised Payment
- A payment approach reimbursing separately for each individual component service, rather than combining them into a single comprehensive payment.