Volume

1. Amount of space taken by a body as stated in cubic units. 2. Number of services, procedures, or tests performed. 3. Number of patients seen in a medical office or hospital facility. 4. Number of patients in a diagnosis-related group (DRG) during a certain period of time.

Voluntary agreement

Contracts between the Centers for Medicare and Medicaid Services (CMS) and various insurers and employers to exchange Medicare information and group health plan eligibility information for the purpose of coordinating health benefit payments.