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TeachMeFinance.com - explain Physician Incentive Plan Physician Incentive Plan The term 'Physician Incentive Plan ' as it applies to the area of Medicare in the United States can be defined as ' Any compensation arrangement at any contracting level between an MCO and a physician or physician group that may directly or indirectly have the effect of reducing or limiting services furnished to Medicare or Medicaid enrollees in the MCO. MCOs must disclose physician incentive plans between the MCO itself and individual physicians and groups and, also, between groups or intermediate entities (e.g., certain IPAs, Physician-Hospital Organizations) and individual physicians and groups. See 42 C.F.R. ' 422.208(a)'. Previous 5 Terms: physical geology Physical map Physical Therapy Physician Assistant (Pa) Physician Group Next 5 Terms: Physician Services physics physics Physiography Physiologically based pharmacokinetic model (PBPK model) About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.