DEFINITION of 'Oil Refinery' An industrial plant that refines crude oil into petroleum products such as diesel, gasoline and heating oils. Oil refineries essentially serve as the second stage in the production process following the actual extraction by oil rigs.
Value-Based Purchasing. Starting in October 2012, Medicare began rewarding hospitals that provide high-quality. care for their patients through the new Hospital Value-Based Purchasing (VBP) Program. Hospitals paid under the Inpatient Prospective Payment System (IPPS) are paid for inpatient. acute care services based on quality of careânot the volume of services they provide.
You may have heard the term Coordination of Benefits (COB). This is the period where your employer group health plan (EGHP) and Medicare insurance work together to help pay for your dialysis bills. The following information is for people on dialysis who have EGHP and Medicare. Dialysis bills and Coordination of Benefits (COB) Many people who need dialysis may be covered by an employer group health plan (EGHP) either through their own job or their spouseâs. Depending on how much of your dialysis bill is covered by the employerâs plan, consider applying for Medicare insurance.