Packaged
Packaged
Packaged (pronunciation: /ˈpakɪdʒd/) is a term often used in the medical field to describe a product or service that is bundled together for the convenience of the patient or healthcare provider.
Etymology
The term "packaged" comes from the Middle English word "pakken," which means "to pack." It has been used in the medical context since the late 20th century, when healthcare providers began offering bundled services as a way to streamline care and reduce costs.
Related Terms
- Bundled Payment: A method of healthcare payment in which providers receive a single payment for all the services performed to treat a patient undergoing a specific episode of care.
- Capitation: A payment arrangement for health care service providers where they receive a set amount for each enrolled person assigned to them, per period of time, whether or not that person seeks care.
- Fee-for-Service: A payment model where services are unbundled and paid for separately.
- Value-Based Care: A healthcare delivery model in which providers, including hospitals and physicians, are paid based on patient health outcomes.
See Also
External links
- Medical encyclopedia article on Packaged
- Wikipedia's article - Packaged
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