reimbursement(redirected from third party reimbursement)
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a compensation or paying back; see also payment.
third party reimbursement third party payment.
Etymology: L, re + im, in; Fr, bourse, purse
a method of payment, usually by a third-party payer, for medical treatment or hospital costs.
reimbursementManaged care Payment by a 3rd party–eg, an insurance company, to a hospital, physician, or other health care provider for services rendered to an insured/beneficiary. See Prospecitve reimbursement, Third-party payer.
n payment made by a third party to a beneficiary or dental professional on behalf of the beneficiary toward repayment of expenses incurred for a service covered by the contractual arrangement.