System of payment used by a managed care plan in which a specialist provider is paid a fixed, capitated fee for giving medical services.
Tag: MEDICAL
Specialty care
Health care services that a medical specialist provides (e.g., cardiologist, dermatologist, orthopedic surgeon).
Specialty case rate
Flat fee paid to a medical specialist for all medical services or procedures.
Specialty codes
See: taxonomy codes .
Specialty contractor
Medicare contractor who performs a limited Medicare function such as coordination of benefits and statistical analysis.
Specialty hospital
Medical facility that provides health care services for specific illnesses or diseases (e.g., psychiatric hospital, rehabilitation hospital, long-term care hospital [LTCH]).
Specialty plan
Type of Medicare Advantage Plan that provides more focused health care for some people. These plans give all the Medicare health care, as well as more focused care to manage a disease or condition such as congestive heart failure, diabetes, or end-stage renal disease (ESRD).
Specific injury
In a workers’ compensation case, injury occurring as the result of one incident or exposure that causes disability or need for medical treatment.
Specific stop loss insurance
Medical insurance plan that pays when an individual’s claim reaches a certain threshold chosen by the employer. After the threshold is attained, the stop-loss insurance policy pays claims up to the lifetime limit per employee.
Specifications
List of qualifying factors of a specific group of individuals, insurance coverage, and services that an insurance company assembles to administer and manage a group insurance program.