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.
A
- All-Inclusive RateAll-Inclusive Payment, Global Rate, Comprehensive Episode Rate
- A single, comprehensive payment amount covering all services during a defined care episode, such as a per diem hospital rate.
P
- Per DiemDaily Payment, Per-Day Payment
- A methodology reimbursing a provider a fixed amount for each day of care, regardless of specific services delivered that day.
- Per Diem RateDaily Rate, Per-Day Rate
- The specific fixed sum paid to a provider for each day of care under a per diem payment arrangement.