NCI Dictionary of Cancer Terms

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The NCI Dictionary of Cancer Terms features 8,232 terms related to cancer and medicine.

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value-based pricing
(VAL-yoo-bayst PRY-sing)
A system of setting the cost for a healthcare service in which healthcare providers are paid based on the quality of care they provide rather than the number of healthcare services they give or the number of patients they treat. Value-based pricing may give patients access to better treatments for lower costs. This may help reduce financial stress or hardship on patients receiving medical care.