0
The preferred spelling is "payer." This version is most widely used and accepted by the pharmaceutical/biotech industry.
The correct spelling, however, is "payor" if one means the one who pays. See Webster. Popularity does not have to trump correctness.
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
What is the difference between payor and payee?
The payer is the person that is paying a sum of money to the payee. The payer signs the check and the payee is the person who cashes the check.
Is payer or payor the correct spelling?
Payer is the correct spelling.
What is difference between payor and payee?
payee is the person who is to be paid payor is who pays to the payee
What is a 5 letter word for a person who settles up?
payer payor
Can a secondary payer deny a claim after medicare has paid?
Yes, if the claim does not meet the secondary payor's eligibility rules; such as the patient being uninsured on the date of service.
What is the definition of a 'payor'?
A payment is the transfer of wealth from one party (such as a person or company) to another. A payer is the party making a payment. The payee is the party receiving the payment.
When other insurers are initially lialbe for payment on a medical service or supply provided to a patient medicare classifies them as the-------- payer?
"liable" ... The other insurer is the primary payor.
Are state correctional systems considered payer of last resort under medicaid guidelines?
Medicaid is the payor of last resort. State correctional systems are generally responsible for the medical expenses of their guests.
The mutual exchange of data between a provider and payer is called?
The mutual exchange of data between a payer and provider is called electronic _______.
What is the difference between remuneration and reimbursement?
To reimburse is to pay for expenditures made on the payor's behalf. To remunerate is to pay for services made at the request of the payor. The subtle difference is that the party receiving the monies in the first instance used funds already under their control, whereas in the second instance the funds are transferred to the service provider during or after the service is rendered, with the provider expending their own funds.
What is tertiary insurance?
Tertiary insurance is the 3rd insurance policy responsible for payment. Example... Medicare, primary payor Blue Cross Blue Shield, secondary payor Aetna, tertiary payor
Can a demand draft be stopped by payor?
No
