average payment rate

average payment rate

The amount of money that the CMS (Centers for Medicare and Medicaid Services; formerly, HCFA) could conceivably pay a HMO or CMP for service to Medicare recipients under a risk contract.

average payment rate

Managed care The amount of money that the HCFA could conceivably pay an HMO or CMP for service to Medicare recipients under a risk contract. See Risk contract.