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The fee-for-service model of Reimbursement in healthcare pays providers solely on the procedures they perform. After the procedures, claims are filled out and submitted to payers for Reimbursement. If everything checks out, then the insurance reimburses the provider. The procedures performed are considered individually and aren’t bundled into groups of relevant ones.
Source: www.osplabs.com/insights/value-based-reimbursement-in-healthcare/

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Fee For Service Model

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Fee For Service Model
The fee-for-service model of Reimbursement in healthcare pays providers solely on the procedures they perform. After the procedures, claims are filled out and submitted to payers for Reimbursement. If everything checks out, then the insurance reimburses the provider. The procedures performed are considered individually and aren’t bundled into groups of relevant ones. Source: https://www.osplabs.com/insights/value-based-reimbursement-in-healthcare/
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