Incentive pay, also known as pay-for-performance, is so-called because the prospect of financial compensation is supposed to be an incentive for an employee to remain motivated, work hard and strive for the best possible results. N    It is Billing Incentive Bonus. Another word for incentive. The Bank shall present to the Client, in compliance with the requirements of legal acts, the Policy of Incentive Payments that provides for the Bank’s policy pertaining to the remuneration, commission or other monetary or non- monetary benefit paid or provided by third persons or other persons acting for the benefit of such third persons where it is related to the Services provided by the Bank to its Clients. E    The incentive for this program is that there is one flat rate used per apartment per year. Make the Right Choice for Your Needs. H    Straight From the Programming Experts: What Functional Programming Language Is Best to Learn Now? K    The Family Practice Incentive Program supports and provides guideline-informed care in such areas as chronic disease management, maternity care, mental health, and care for the frail and elderly. n. Something, such as the fear of punishment or the expectation of reward, that induces action or motivates effort. BIB - Billing Incentive Bonus. Define Incentive Payments. ‘The $700,000 incentive package comprises tax refund credits and a grant payment program.’ ‘The Pentagon says the incentive package is worth $168 million over three years.’ ‘The incentive payment falls to $3 million if the company is sold next year.’ ‘The contractor shared 40 percent of a $50 million incentive bonus with employees.’ The 6 Most Amazing AI Advances in Agriculture. The meaning of BIB abbreviation is "Billing Incentive Bonus". Incentive definition is - something that incites or has a tendency to incite to determination or action. Insurance invoices of the same type match in terms of selection of posting data and their use of application forms incentive. Big Data and 5G: Where Does This Intersection Lead? O    1. a positive motivational influence 2. an additional payment (or other remuneration) to employees as a means of increasing output Familiarity information: INCENTIVE used as a noun is rare. Learn more. How do administrators find bandwidth hogs? The reasons why customer incentives are important are: - They keep your brand on top of your mind - Your customers will do more business with you if you incentivize and reward them More of your questions answered by our Experts. [ + to infinitive ] There is little incentive for … In fixed-price incentive contracts, billing prices are established as an interim basis for payment. R    Easy Billing. Terms of Use - All contents of the lawinsider.com excluding publicly sourced documents are Copyright © 2013-. We’re Surrounded By Spying Machines: What Can We Do About It? V    December 18, 2020. Health care providers are expected to have implemented EHRs by 2015 or face financial penalties. Deep Reinforcement Learning: What’s the Difference? "Billing Incentive Bonus" can be abbreviated as BIB. adj. How to use incentive in a sentence. The growing demand for value-based billing options presents in-house counsel and their outside law firms with an opportunity to use the pricing of legal services to better allocate risks and align incentives in ways that best suit the client’s goals for a particular case or portfolio of work. 26 Real-World Use Cases: AI in the Insurance Industry: 10 Real World Use Cases: AI and ML in the Oil and Gas Industry: The Ultimate Guide to Applying AI in Business. Definition: An incentive is an element introduced in a relationship to induce a particular response. A    For a summary of temporary fee code changes for family physicians, please see the BC Family Doctors website. The purpose of the fees is to improve patient care. EN. There is little or no incentive to adopt such measures. J    Synonyms: inducement, motive, encouragement, urge More Synonyms of incentive C    Open menu. S    Incentives and Benefits..... 8 Provincially Funded Incentives and Benefits ..... 9 Community Funded Incentives ... a billing guide to help them navigate the physician billing landscape. Y    Incentive payments are paid to hospitals, private practices and other health care facilities that are able to prove that they are ready and willing to adopt electronic health record (EHR) systems. Before making the Agreement, the Bank shall present to the Client the Conditions of Provision of Investment Services, the Conditions of Provision of the Particular Services, the Description of the Nature and Inherent Risks of the Financial Instruments, the Policy of Avoiding Conflicts of Interest, the Execution of Order Policy, the Price-list, the Policy of Incentive Payments and the General Rules that shall be announced in the Bank’s internet website at www.dnb.lt/mifid. In health care, it gives an incentive for physicians to provide more treatments because payment is dependent on the quantity of care, rather than quality of care. incentive synonyms, incentive pronunciation, incentive translation, English dictionary definition of incentive. #    Translator. Incentive Payments that cannot be paid to an Owner due to inaccurate or incomplete records will be available for 90 calendar days, after which they will be forfeited. something that encourages a person to do something: Tax incentives have been very effective in encouraging people to save and invest more of their income. Sales Incentive Schemes. Z, Copyright © 2021 Techopedia Inc. - means any and all federal or state governmental subsidies, payments, transfers or other benefits, whether now or hereafter established, received, or scheduled to be received within thirty (30) days, by the Borrower. Many companies in Britain are keen on the idea of tax incentives for R&D. P    DEP makes need for new meters aqua clear It is known that a controversial point in the draft Program Memorandum was the inclusion in Consolidated Billing of all hospital outpatient services provided to a … F    incentivise: verb A back-formation from incentive, meaning to provide an incentive for a particular person or party to do something; motivate. W    Moral incentives exist where a particular choice is widely regarded as the right thing to do or is particularly admirable among others. Cryptocurrency: Our World's Future Economy? 5 Common Myths About Virtual Reality, Busted! That employee incentive program may be unrealistic for small- and mid-size businesses, but perhaps the idea of it will inspire you to create a similar perk that works for you. Tech Career Pivot: Where the Jobs Are (and Aren’t), Write For Techopedia: A New Challenge is Waiting For You, Machine Learning: 4 Business Adoption Roadblocks, Deep Learning: How Enterprises Can Avoid Deployment Failure. Menu. Are These Autonomous Vehicles Ready for Our World? incentivize definition: 1. to make someone want to do something: 2. to make someone want to do something: 3. to make…. cents To incentivize: "would use tax breaks to incent corporations to invest in their future" . What Does Incentive Mean in Business? I    Incentivize definition is - to provide with an incentive. G    BIB as abbreviation means "Billing Incentive Bonus". 16.403-1 Fixed-price incentive (firm target) contracts. Billing Incentive Bonus listed as BIB Looking for abbreviations of BIB? 6) A Week Off At The End Of December. A strong incentive compensation plan is key, but there's more to a strong sales organization than just incentive pay. Synonym Discussion of incentive. Find more ways to say incentive, along with related words, antonyms and example phrases at Thesaurus.com, the world's most trusted free thesaurus. T    Look up words and phrases in comprehensive, reliable bilingual dictionaries and search through billions of online translations. What's the difference between SharePoint monitoring and server monitoring? Translate texts with the world's best machine translation technology, developed by the creators of Linguee. According to the Center for Medicare and Medicaid Services (CMS), ARRA will provide 90 percent in matching funds for states to plan activities that center around EHR development, including IT EHR university-based training (UBT) and education.In order to receive incentive payments, acute-care hospitals need 10 percent of their patients to be Medicare/Medicaid patients, while non-hospital providers need 30 percent of their patients to come from Medicare/Medicaid patient populations.Incentive payments are received through audits conducted to ensure proper payments are being made and that eligible providers (EP) and health care treating facilities and practices are following meaningful use (MU) guidelines set forth by the Health Information Technology for Economic and Clinical Health Act (HITECH), which is monitored by the Department of Health and Human Services (HHS). These billing prices may be adjusted, within the ceiling limits, upon request of either party to the contract, when it becomes apparent that final negotiated cost will be substantially different from the target cost. Updates on fee codes 14029, 14076 and 13706. If something is an incentive to do something, it encourages you to do it. Looking for abbreviations of BIB? Incentive is defined as something that encourages someone to do something or work harder. How This Museum Keeps the Oldest Functioning Computer Running, 5 Easy Steps to Clean Your Virtual Desktop, Women in AI: Reinforcing Sexism and Stereotypes with Tech, Fairness in Machine Learning: Eliminating Data Bias, IIoT vs IoT: The Bigger Risks of the Industrial Internet of Things, From Space Missions to Pandemic Monitoring: Remote Healthcare Advances, MDM Services: How Your Small Business Can Thrive Without an IT Team, Business Intelligence: How BI Can Improve Your Company's Processes. Tech's On-Going Obsession With Virtual Reality. Search incentive payments and thousands of other words in English definition and synonym dictionary from Reverso. Incentive payments are paid to hospitals, private practices and other health care facilities that are able to prove that they are ready and willing to adopt electronic health record (EHR) systems. News. One of the definitions of BIB is "Billing Incentive Bonus". Linguee. To do this, we must empower patients to work with their doctors and make health care decisions that are best for them. Splitting your billing into more than one easy payments for your customers may give the customer an incentive to make expensive purchases. What resources are available for Sharepoint monitoring, Exchange monitoring and analysis of other Microsoft products? Q: A: What is shorthand of Billing Incentive Bonus? Interpretation. Suggest as a translation of "billing incentive" Copy; DeepL Translator Linguee. The Owner or Authorized Agent of a STGU shall comply with the provisions of this tariff through the end of the period during which the STGU is eligible to receive Incentive Payments pursuant to Section 7.0. L    The one exception was hospital admissions for targeted conditions, which peaked immediately before incentive billing among patients who received incentives, but declined over the post-intervention period, whereas hospital admission for conditions newly targeted by the incentive program in 2010 rose during the postincentive period. U    B    Disincentive definition: A disincentive is something which discourages people from behaving or acting in a... | Meaning, pronunciation, translations and examples Q: A: What does BIB mean? More terms such as incentive in Dictionary I.. Manual Invoicing Type: Help An invoicing type groups similar billing statements (invoices) together. We pledge to put patients first in all of our programs – Medicaid, Medicare, and the Health Insurance Exchanges. Blog Press Information. D    Definition Remunerative incentives exist where an agent can expect some form of a material reward like money in exchange for acting in a particular way. M    Dictionary ! How to use incentivize in a sentence. Define incentive. We’re putting patients first. Strong and successful sales organizations need an integrated, data-driven sales plan. noun something that incites or tends to incite to action or greater effort, as a reward offered for increased productivity. 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This initiative is part of the American Recovery and Reinvestment Act (ARRA) of 2009, in which funds were allocated for the development of nationwide electronic health care records. The power behind an incentive is based on the satisfaction that comes from receiving a reward. Smart Data Management in a Post-Pandemic World. Fee-for-service (FFS) is a payment model where services are unbundled and paid for separately.. Owners or Authorized Agents of a STGU must demonstrate compliance with the following conditions prior to receiving Incentive Payments and AOBCs, if applicable. The following incentive fees are available to BC’s eligible family physicians. This won’t work for call centers, restaurants, and retail, but office-based businesses may find it useful to take the week off between Christmas and New Years. Only the STGU described on the Statement of Qualification is eligible to participate under this tariff. It is Billing Incentive Bonus. 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