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Withhold
A percentage of a provider's payment that is "held back" during the plan year to offset or pay for any cost overruns for referral or hospital services. Any part of the withhold not used for these purposes is distributed to providers.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Health care
- Category: General
- Company: Blue Cross Blue Shield
- Product:
- Acronym-Abbreviation:
Other Languages:
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