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Definition: Reimbursement

Christina Hernandez Sherwood, eMed Editor, MedCity News

Definition: Reimbursement

Reimbursement refers to how healthcare providers, including healthcare entrepreneurs and startups, are paid for their product or service.

Reimbursement might come directly from the patient, but is more likely to be through a third-party payer. These third-party payers include insurance companies and government programs, such as Medicare and Medicaid.

Definitions are a weekly feature on eMed for current and aspiring healthcare entrepreneurs.

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