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.
C
- Capitated Payment
- A fixed amount a provider receives per enrolled patient over a defined period, regardless of the volume of services that patient uses.
- Capitation Payment System
- The overall structure governing how capitated payments are calculated and administered, covering risk adjustment, frequency, and scope of covered services.
P
- Per Member Per Month
- A standard unit expressing a capitated payment as the fixed monthly amount received per enrolled member, regardless of services actually used.