Huwebes, Marso 22, 2012

Medicaid Reimbursement

Medicaid Reimbursement
http://www.medicaidpatients.com/medicaid-reimbursement/


Medicaid reimbursement refers to the payment given directly to the provider for a service rendered. Medicaid sets the amount of reimbursement that each provider will get. The Medicaid provider must accept the amount as full payment for the service rendered.
Medicaid reimbursement types include fee-for-service and managed care arrangement. Fee-For-Service is a type of Medicaid reimbursement that pays the provider a set amount for the services that was rendered. This type of reimbursement allows the insured to seek medical help from a physician of his/her choice. But not all medical practitioners are willing to accept patients under the Medicaid program.

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