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Medicare Bundled Payment Pilot Program

A program in which care providers are paid based on expected courses of treatment. This differs from fee-for-services systems in that payments are made based on standard care practices, and, in doing so, is designed to reduce unnecessary treatment procedures.

Biological Drugs

Biological, or Biologic, drugs are those made by or from living organisms (i.e. gene therapy, vaccines, antibodies, stem cells); such drugs, and their generic forms,…