Home > Terms > English, UK (UE) > Customary, prevailing, and reasonable (CPR)
Customary, prevailing, and reasonable (CPR)
Current method of paying physicians under Medicare. Payment for a service is limited to the lowest of (1) the physician's billed charge for the service, (2) the physician's customary charge for the service, or (3) the prevailing charge for that service in the community. Similar to the Usual, Customary, and Reasonable system used by private insurers.
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- Part of Speech: noun
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- Industry/Domain: Health care
- Category: General
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