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Describe payor sources, reimbursement entities and how reimbursement is influenced by organizations responsible for

reimbursement.

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Final answer:

Payor sources are entities that provide payment for medical services, reimbursement entities are responsible for reimbursing medical care providers, and the reimbursement process is influenced by the organizations responsible for reimbursement.

Step-by-step explanation:

In healthcare, payor sources refer to the entities or organizations that provide payment for medical services. This can include insurance companies, government programs like Medicare or Medicaid, or individual patients who pay out-of-pocket. Reimbursement entities, on the other hand, are the organizations responsible for reimbursing medical care providers for the services they render.

The reimbursement process is influenced by these organizations through various methods. For example, in a fee-for-service system, providers are reimbursed based on the cost of the services they provide. This means that the more services they perform, the more reimbursement they receive. In contrast, organizations like health maintenance organizations (HMOs) reimburse providers based on the number of patients they handle, which can influence resource allocation between patients.

In summary, payor sources are the entities that provide payment for medical services, reimbursement entities are responsible for reimbursing medical care providers, and the reimbursement process can be influenced by the organizations responsible for reimbursement through different payment models.

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