Also found in: Dictionary, Financial, Acronyms, Wikipedia.
Charging a fee for each service performed: a fee-for-service health insurance policy.
Etymology: AS, feoh, property; L, servitum, slavery
1 a charge made for a professional activity, such as a physical examination, the fitting of a contraceptive diaphragm, or the monitoring of a person's blood pressure.
2 a system for the payment of professional services in which the practitioner is paid for the particular service rendered, rather than receiving a salary for providing professional services as needed during scheduled hours of work or time on call.
Payment made at the time of health care service; the amount varies according to the provider's estimate of the costs involved.
Payment for specific health care services provided to a patient (as opposed to payments received for the number of patients seen, the number of hours worked, or the number of patients enrolled in a health care panel). The individual or an insurance carrier may make the payment.