payment rate
- noun
- In this project, each consultant will receive a fixed payment rate of $50 per hour.
- payment rate for providers
- set payment rates
And those powerful healthcare systems have been able to drive up the payment rates to much higher levels than Medicare pays.
- And those powerful healthcare systems have been able to drive up the payment rates to much higher levels than Medicare pays.
Examples
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However, differences in payment rates by provider mode were strongly influenced by payment source.
Academic text (1994) -
States will receive 100% federal financing for the increased payment rates.
Blog text (11) -
The insurance payment rate is very high at present.
Fiction book (1998) -
Depends on the monthly payment rate from the card holders in the underlying portfolio.
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There's not as much variation in payment rate as you would think.
Blog text (23) -
Under case-mix plans, a part of the facility payment rate is related to the nursing needs of the residents.
Academic text (2001) -
Medicare payment rates for physician services drop by 27%.
Blog text (1) -
Another strategy for controlling expenditures is to limit payment rates to nursing homes and home care providers.
Academic text (1990) -
In addition, increase Medicaid payment rates for primary care providers to 100% of Medicare rates.
Blog text (11) -
To the extent that Medicaid payment rates are lean, Medicaid sets important limitations on the ability of providers to compensate their direct-care personnel.
Academic text (2001)
Synonyms
The price charged for something often per hour or unit
A regular fixed payment from an employer to an employee, usually monthly
The amount of money a worker gets for each hour or week of work
The amount of money given for work, usually per hour or week
Pay for each item a worker makes
The amount of money paid for each hour or work period
An amount of money you pay regularly to repay a loan or buy something
How High
Surface Forms
Morphology
The meaning 'amount of money paid per unit/time' is directly derivable from combining 'payment' (giving money) with 'rate' (price or charge per unit/time). This noun+noun compositional pattern is common in English and cross-linguistically, so a B1 learner who knows both constituents should be able to understand the MWE.
Etymology
The compound noun payment rate joins payment, meaning 'money you get for work', and rate, meaning 'a fixed measure or price', so it literally describes the 'amount of money paid' for each hour, day, or month.