PAR in Medical Billing
PAR stands for Participating Provider, a healthcare provider who has a contract with an insurance company to accept its payment rates for covered services.
PAR in Medical Billing Explained
In medical billing, PAR providers agree to accept the insurance company’s negotiated rates for services, meaning patients typically pay less for care. Non-PAR providers are not contracted and may charge more.
For example, a PAR provider accepts the insurance company’s rate for an office visit, and the patient only pays a co-pay.
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