Independent Practice Associations

Definition

Health Economics

  • An association of physicians and other health care providers, including hospitals, who contract with a health maintenance organization (HMO) to provide services to its members but usually still see non-HMO patients and patients from other HMOs. Patients are usually seen in the physicians' own offices. The doctors maintain their own private practices and thus can contract with more than one HMO and see regular fee-for-service patients as well. The usual method of remuneration is capitation, though the other contracts may be fee-for-service.
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