What does FFS stand for in healthcare documentation?

In healthcare documentation, FFS stands for Fee for Service. This model involves providers being paid for each service rendered to patients rather than receiving a flat fee or salary. Fee for Service is significant because it reflects a traditional method of reimbursement where healthcare practitioners bill for individual services, treatments, and procedures performed during patient visits. It encompasses a wide range of services, from consultations and diagnostics to treatments, which allows for detailed billing that can demonstrate the volume of care provided. This model can incentivize higher service provision, which is pertinent for understanding healthcare cost dynamics and reimbursement strategies.