PGR in Medical Billing
PGR stands for Payment Guarantee Requirement, which may refer to agreements or stipulations regarding payment for healthcare services.
PGR in Medical Billing Explained
In medical billing, PGR ensures that there are agreements in place regarding the payment of services, particularly in situations where insurance coverage may be uncertain or where additional guarantees are needed for high-cost procedures.
For example, a hospital may request a PGR for an elective surgery to ensure the patient can pay any amounts not covered by insurance.
Discover common acronyms and abbreviations in Medical billing glossary.
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