What is third-party payer in SAP IS-H - SAP for Healthcare?

SAP Term: third-party payer

• Component: IS-H

• Component Name: SAP for Healthcare

• Description: SAP Healthcare - Industry-Specific Components for Hospitals Customer that is neither the patient self-payer nor the patient's health insurer insurance provider that covers the costs, in full or inpart, of the patient's treatment.

Smart SAP Assistant

• Key Concepts: 
  A third-party payer is a type of health insurance provider that pays for medical services on behalf of an individual or group. This type of payer is typically a government agency, employer, or private insurance company. In the IS-H SAP for Healthcare system, third-party payers are used to manage the payment of medical services and ensure that the patient receives the necessary care.
  
  How to Use It: 
  In IS-H SAP for Healthcare, third-party payers are used to manage the payment of medical services. The system allows users to enter information about the third-party payer, such as name, address, and contact information. This information is then used to process payments and ensure that the patient receives the necessary care.
  
  Tips & Tricks: 
  When entering information about a third-party payer in IS-H SAP for Healthcare, it is important to make sure that all of the information is accurate and up-to-date. This will help ensure that payments are processed correctly and that the patient receives the necessary care.
  
  Related Information: 
  In addition to third-party payers, IS-H SAP for Healthcare also supports other types of health insurance providers, such as Medicare and Medicaid. It is important to understand how these different types of providers work in order to ensure that payments are processed correctly and that the patient receives the necessary care.