Meaning cost containment
What does cost containment mean? Here you find 12 meanings of the word cost containment. You can also add a definition of cost containment yourself
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cost containmentEfforts or activities designed to reduce or slow down the cost increases of medical care services.
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cost containmentFeatures of a dental benefit program or of the administration of the program designed to reduce or eliminate certain charges to the plan.
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cost containmentA plan whereby a company / organization attempts to minimize rising costs of health and welfare benefits by putting into effect programs that focus on cost effectiveness.
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cost containmenta program objective which pursues regulation of prices associated with regulating and administering the program results. With regard to health administration, a variation of fiscal plans that are empl [..]
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cost containmentRefers to the practice of controlling health care costs through the elimination or reduction of inefficiencies in the health care delivery system.
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cost containmentThe containment, Regulation, or restraint of costs. Costs are said to be contained when the value of resources committed to an activity is not considered excessive. This determination is frequently su [..]
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cost containmentThe controller reduction of inefficiencies in the consumption, allocation, or production of health care services that contribute to higher than necessary costs.
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cost containmentActivities aimed at controlling or reducing benefit plan costs.
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cost containmentThe process of controlling medical expenses through claim settlement, usual and customary reimbursement, high-dollar pharmacy carve-out programs, claim audits or other related cost savings services.
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cost containmentThe controller reduction of inefficiencies in the consumption, allocation, or production of health care services that contribute to higher than necessary costs.
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cost containmentA set of strategies aimed at controlling the level or rate of growth of health care costs. These measures encompass a myriad of activities that focus on reducing overutilization of health services, addressing provider reimbursement issues, eliminating waste, and increasing efficiency in the health care system.
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cost containmentBroad terms to describe a range of management actions, procedures, and tools applied by the sponsoring unit and - or its contractor, grantee, or partner (Implementer). To reduce the costs that USAID p [..]
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