Home > Term: Third Party Payers
Third Party Payers
The term that applies to anyone other than the consumer or the end-user who pays for a piece of rehabilitation or durable medical equipment. A third party payer could be a private or public (like Medicare or Medicaid) health insurance corporation or a charitable organization like the Multiple Sclerosis Society or United Cerebral Palsy.
- Part of Speech: noun
- Industry/Domain: Medical devices
- Category: Physical therapy equipment
- Company: Invacare
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Creator
- Jasmine
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