A B C D E F G H I J L M N O P Q R S T U V W Y

block grant

A lump sum of money that the federal government gives to a state or local government to spend for certain purposes. Normally, it is based on a formula, the objectives are broadly defined, and the grant’s source places relatively few limits on the money’s...

bundled payments

A form of provider payment in which providers or hospitals receive a single payment for all of the care provided for an episode of illness, rather than per service rendered. Total care provided for an episode of illness may include both acute and post-acute care. The...