provider sponsored organization (PSO)

Definition of "provider sponsored organization (PSO)"
  1. A collective of doctors and other healthcare providers offering healthcare to Medicare beneficiaries for a fixed monthly fee from Medicare, managed by the providers themselves rather than an insurance company
How to use "provider sponsored organization (PSO)" in a sentence
  1. The hospital joined a provider sponsored organization (PSO) to offer care to Medicare beneficiaries.
  2. Unlike traditional insurance companies, a provider sponsored organization (PSO) is directly managed by healthcare providers.
  3. The clinic is part of a provider sponsored organization (PSO), guaranteeing set payments from Medicare each month.

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