fee-for-service

American  

[fee-fer-sur-vis] / ˈfi fərˈsɜr vɪs /

adjective

1. pertaining to the charging of fees for specific services rendered in healthcare, as distinguished from participating in a prepaid medical practice.

   fee-for-service medicine.

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Example Sentences

“If we did fee for service, all of us would be millionaires right now. But we don’t. We do it because we care for patients.”

From Washington Post • Jan. 12, 2023

Organizations with annual budgets of less than $100,000 saw a median decline of 33% in their fee for service revenue, compared with 20% for organizations with budgets of $1 million to $10 million.

From Seattle Times • Oct. 7, 2021

A terminal costs $499 and there’s a $99 monthly fee for service.

From The Verge • Sep. 18, 2021

And value-based payments will get a huge increase from a law kicking in this year that moves Medicare payments of physicians away from fee for service.

From New York Times • Jan. 4, 2017

Driven by rising overhead, and the move toward accountable care organizations–which stress pay for performance over fee for service, doctors are increasingly becoming hospital employees or tightening their affiliation with hospitals.

From Forbes • Feb. 3, 2012