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payment

 [pa´ment]
remuneration in exchange for goods or services.
prospective payment payment to a health care facility at a predetermined rate for treatment regardless of the cost of care for a specific individual patient.
third party payment payment of hospital or other health care bills by a source other than the patient; the most common sources are private or governmental insurance. Called also third party reimbursement.

payment

Vox populi A wad of cash given for a service rendered or product received. See Bonus payment, Bundled payment, Pass-through payment, Prospective payment.

payment,

n the performance of a duty or promise; the discharge of a debt or liability by the delivery of money or something else of value.
payment, progress,
n the interim payments by the purchaser of a dental plan contract to the carrier for use as an operating fund. A final accounting is always completed when actual costs are paid.
References in periodicals archive ?
If they think that paying a journalist to write positively about a client is an unethical and corrupt practice, then it is an unethical and corrupt practice.
Paying the balance on a credit card with a 12% annual interest rate is the same as receiving an annual after-tax rate of return of 12% on a risk-free investment.
The empirical question of whether or not we are sufficiently good at evaluating CEO performance can remain unanswered--what should not be questioned is that the desire of the markets and the increased education of the citizenry will only lead to improvements in paying executives.
Without changing average teacher salaries a penny, most districts could ease their recruitment problems by paying some teachers (good ones, those in high-demand specialties) more than others (less-competent ones in low-demand specialties).
It doesn't take Milton Friedman to figure out that paying more to people who marry than to those who don't encourages marriage.
In fact, using incomes from 1995, the HVS found 339 tenants paying $500 to $999 a month who make more than $250,000 and live in rent controlled units.
How does loser-pays affect big companies and other institutional litigants, which may not quake at the fear of paying any one set of fees?
One approach to paying employees that both reduces fixed payroll expenses and creates a more direct link between pay and performance.
Spooner, Peat Marwick, coauthor of The Corporate Tax Burden in the United States MacDonald: There is a public perception that corporations are not paying enough taxes, and I think we here share a concern that the business community is going to be targeted as a primary source of increased federal revenue.
2 percent in 2006, in recognition of the benefits of paying for performance rather than relying as heavily on traditional annual "merit" increases.
Currently, pay for performance is a hot topic because of trial balloons floated by federal officials suggesting that pay for performance might become part of third-party payer policies for paying doctors and hospitals.