Third-Party Payer

Third-Party Payer,

How To Define Third-Party Payer?

  • Third-Party Payer means, (1) An insurer or other health insurance plan sponsor who pays for the medical services provided to patients. (2) Insurance companies or organizations (third parties) other than patients (first) or healthcare providers (second) who pay for medical services.

Literal Meanings of Third-Party Payer

Third:

Meanings of Third:
  1. Do it at number three.

Sentences of Third
  1. Third century

Party:

Meanings of Party:
  1. Social gatherings for guests that usually include food, drink and entertainment.

  2. A formally formed political group that usually operates at the national level and participates in elections and seeks to form or participate in government.

  3. One or more people who are part of an agreement or dispute.

  4. Have fun at a party or other festive gathering, usually with drinks and music.

  5. Divided into different colored parts.

Sentences of Party
  1. Engagement ceremony

  2. Traditional Conservative Party

  3. Agreement between the two parties

Synonyms of Party

at-home, carouse, caucus, social event, bloc, reunion, soirée, social occasion, function, group, have fun, junta, plaintiff, coalition, get-together, social gathering, defendant, celebration, social function, jamboree, political party, litigant, have a party, cabal

Payer:

Meanings of Payer:
  1. A person or organization that pays someone for work that is completed, property, or debt.

Sentences of Payer
  1. This sector is the largest contributor to corporate tax