Provider-Sponsored Organization (PSO): A healthcare organization—established and organized, or operated, by a healthcare provider or a group of affiliated healthcare providers to arrange for the delivery, financing, and administration of healthcare—that meets requirements established by the Balanced Budget Act of 1997 and that has the authority to contract directly with Medicare.

 

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Provider-Sponsored Organization (PSO): A healthcare organization—established and organized, or operated, by a healthcare provider or a group of affiliated healthcare providers to arrange for the delivery, financing, and administr . . . View Full Definition

Organizational Unit: An organizational unit is any component that is part of the contractor's corporate structure. In a more traditional organization, it might be a department, division, section, branch or group . . . View Full Definition

Peer Review Organizations (Pros): According to the Balanced Budget Act of 1997, organizations or groups of practicing physicians and other healthcare professionals paid by the federal government to review and evaluate the se . . . View Full Definition

Physician-Hospital Organization (PHO): A joint venture between a hospital and many or all of its admitting physicians whose primary purpose is contract negotiations with MCOs and marketing.