{"id":112945,"date":"2021-06-17T05:01:15","date_gmt":"2021-06-17T05:01:15","guid":{"rendered":"https:\/\/www.healthbenefitstimes.com\/glossary\/?p=112945"},"modified":"2021-06-17T05:01:15","modified_gmt":"2021-06-17T05:01:15","slug":"prospective-pricing","status":"publish","type":"post","link":"https:\/\/www.healthbenefitstimes.com\/glossary\/prospective-pricing\/","title":{"rendered":"Prospective pricing"},"content":{"rendered":"<p>Setting (or agreeing upon) prices in advance for the furnishing of a product or service. This is in direct contrast with the concept of reimbursement, in which the service or product is provided first, and then the provider is paid whatever it cost. The prospective payment system (PPS) adopted for Medicare, and applied also for other payers, is the most widespread example of prospective pricing.<\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Setting (or agreeing upon) prices in advance for the furnishing of a product or service. This is in direct contrast with the concept of reimbursement, in which the service or product is provided first, and then the provider is paid whatever it cost. The prospective payment system (PPS) adopted for Medicare, and applied also for [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"class_list":["post-112945","post","type-post","status-publish","format-standard","hentry","category-p"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Prospective pricing - Definition of Prospective pricing<\/title>\n<meta name=\"description\" content=\"Setting (or agreeing upon) prices in advance for the furnishing of a product or service. This is in direct contrast with the concept of reimbursement, in which the service or product is provided first, and then the provider is paid whatever it cost. The prospective payment system (PPS) adopted for Medicare, and applied also for other payers, is the most widespread example of prospective pricing.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.healthbenefitstimes.com\/glossary\/prospective-pricing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Prospective pricing - Definition of Prospective pricing\" \/>\n<meta property=\"og:description\" content=\"Setting (or agreeing upon) prices in advance for the furnishing of a product or service. This is in direct contrast with the concept of reimbursement, in which the service or product is provided first, and then the provider is paid whatever it cost. The prospective payment system (PPS) adopted for Medicare, and applied also for other payers, is the most widespread example of prospective pricing.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.healthbenefitstimes.com\/glossary\/prospective-pricing\/\" \/>\n<meta property=\"og:site_name\" content=\"Glossary\" \/>\n<meta property=\"article:published_time\" content=\"2021-06-17T05:01:15+00:00\" \/>\n<meta name=\"author\" content=\"Glossary\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Glossary\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.healthbenefitstimes.com\/glossary\/prospective-pricing\/\",\"url\":\"https:\/\/www.healthbenefitstimes.com\/glossary\/prospective-pricing\/\",\"name\":\"Prospective pricing - Definition of Prospective pricing\",\"isPartOf\":{\"@id\":\"https:\/\/www.healthbenefitstimes.com\/glossary\/#website\"},\"datePublished\":\"2021-06-17T05:01:15+00:00\",\"dateModified\":\"2021-06-17T05:01:15+00:00\",\"author\":{\"@id\":\"https:\/\/www.healthbenefitstimes.com\/glossary\/#\/schema\/person\/ccfef987a4882e6356ae6d77d33e74c5\"},\"description\":\"Setting (or agreeing upon) prices in advance for the furnishing of a product or service. This is in direct contrast with the concept of reimbursement, in which the service or product is provided first, and then the provider is paid whatever it cost. The prospective payment system (PPS) adopted for Medicare, and applied also for other payers, is the most widespread example of prospective pricing.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.healthbenefitstimes.com\/glossary\/prospective-pricing\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.healthbenefitstimes.com\/glossary\/prospective-pricing\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.healthbenefitstimes.com\/glossary\/prospective-pricing\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.healthbenefitstimes.com\/glossary\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Prospective pricing\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.healthbenefitstimes.com\/glossary\/#website\",\"url\":\"https:\/\/www.healthbenefitstimes.com\/glossary\/\",\"name\":\"Glossary\",\"description\":\"Difinitions\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.healthbenefitstimes.com\/glossary\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.healthbenefitstimes.com\/glossary\/#\/schema\/person\/ccfef987a4882e6356ae6d77d33e74c5\",\"name\":\"Glossary\",\"url\":\"https:\/\/www.healthbenefitstimes.com\/glossary\/author\/adminglossary\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Prospective pricing - Definition of Prospective pricing","description":"Setting (or agreeing upon) prices in advance for the furnishing of a product or service. This is in direct contrast with the concept of reimbursement, in which the service or product is provided first, and then the provider is paid whatever it cost. The prospective payment system (PPS) adopted for Medicare, and applied also for other payers, is the most widespread example of prospective pricing.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.healthbenefitstimes.com\/glossary\/prospective-pricing\/","og_locale":"en_US","og_type":"article","og_title":"Prospective pricing - Definition of Prospective pricing","og_description":"Setting (or agreeing upon) prices in advance for the furnishing of a product or service. This is in direct contrast with the concept of reimbursement, in which the service or product is provided first, and then the provider is paid whatever it cost. The prospective payment system (PPS) adopted for Medicare, and applied also for other payers, is the most widespread example of prospective pricing.","og_url":"https:\/\/www.healthbenefitstimes.com\/glossary\/prospective-pricing\/","og_site_name":"Glossary","article_published_time":"2021-06-17T05:01:15+00:00","author":"Glossary","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Glossary","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.healthbenefitstimes.com\/glossary\/prospective-pricing\/","url":"https:\/\/www.healthbenefitstimes.com\/glossary\/prospective-pricing\/","name":"Prospective pricing - Definition of Prospective pricing","isPartOf":{"@id":"https:\/\/www.healthbenefitstimes.com\/glossary\/#website"},"datePublished":"2021-06-17T05:01:15+00:00","dateModified":"2021-06-17T05:01:15+00:00","author":{"@id":"https:\/\/www.healthbenefitstimes.com\/glossary\/#\/schema\/person\/ccfef987a4882e6356ae6d77d33e74c5"},"description":"Setting (or agreeing upon) prices in advance for the furnishing of a product or service. This is in direct contrast with the concept of reimbursement, in which the service or product is provided first, and then the provider is paid whatever it cost. The prospective payment system (PPS) adopted for Medicare, and applied also for other payers, is the most widespread example of prospective pricing.","breadcrumb":{"@id":"https:\/\/www.healthbenefitstimes.com\/glossary\/prospective-pricing\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.healthbenefitstimes.com\/glossary\/prospective-pricing\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.healthbenefitstimes.com\/glossary\/prospective-pricing\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.healthbenefitstimes.com\/glossary\/"},{"@type":"ListItem","position":2,"name":"Prospective pricing"}]},{"@type":"WebSite","@id":"https:\/\/www.healthbenefitstimes.com\/glossary\/#website","url":"https:\/\/www.healthbenefitstimes.com\/glossary\/","name":"Glossary","description":"Difinitions","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.healthbenefitstimes.com\/glossary\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.healthbenefitstimes.com\/glossary\/#\/schema\/person\/ccfef987a4882e6356ae6d77d33e74c5","name":"Glossary","url":"https:\/\/www.healthbenefitstimes.com\/glossary\/author\/adminglossary\/"}]}},"_links":{"self":[{"href":"https:\/\/www.healthbenefitstimes.com\/glossary\/wp-json\/wp\/v2\/posts\/112945","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.healthbenefitstimes.com\/glossary\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.healthbenefitstimes.com\/glossary\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.healthbenefitstimes.com\/glossary\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.healthbenefitstimes.com\/glossary\/wp-json\/wp\/v2\/comments?post=112945"}],"version-history":[{"count":1,"href":"https:\/\/www.healthbenefitstimes.com\/glossary\/wp-json\/wp\/v2\/posts\/112945\/revisions"}],"predecessor-version":[{"id":112946,"href":"https:\/\/www.healthbenefitstimes.com\/glossary\/wp-json\/wp\/v2\/posts\/112945\/revisions\/112946"}],"wp:attachment":[{"href":"https:\/\/www.healthbenefitstimes.com\/glossary\/wp-json\/wp\/v2\/media?parent=112945"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.healthbenefitstimes.com\/glossary\/wp-json\/wp\/v2\/categories?post=112945"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.healthbenefitstimes.com\/glossary\/wp-json\/wp\/v2\/tags?post=112945"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}