A patient classification scheme, which provides means of relating the type of patients a hospital treats to the costs incurred by the hospital, to determine quality of care and utilization of services in a hospital setting
02
Per Diem
A contract which allows certain charges to be on a rate per day basis
03
Variable Per Diem
A contract which allows certain charges to be on a rate per day basis, where the rate may not remain constant
04
Flat
A contract between the provider of service and the destination payor whereby the flat rate charges may differ from the total itemized charges
05
Capitated
A contract between the provider of service and the destination payor which allows payment to the provider of service on a per member per month basis
06
Percent
09
Other
AC
Anticipated Contract
CH
Cost Sharing
CP
Cost Plus
CS
Cost
CW
Cost Plus Award Fee
CX
Cost Plus Fixed Fee
CY
Cost Plus Incentive Fee
DI
Distributor
FA
Firm or Actual Contract
FD
Fixed Price Redetermination
FE
Fixed Price with Escalation
FI
Fixed Price Incentive
FL
Flat Amount
FR
Firm Fixed Price
FX
Fixed Price with Economic Price Adjustment
LA
Labor
LE
Level of Effort
Describes a contract type where payment is made for the performance of a specified level of effort
LH
Labor Hours
OC
Other Contract Type
A type of contract which is neither covered by an existing code nor previously mutually defined