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Global Budgeting

A method of constraining costs wherein multiple providers are expected not to exceed a certain spending target (for example, the SGR), or where a provider is given a “global budget” to provide care for a certain population.

Biological Drugs

Biological, or Biologic, drugs are those made by or from living organisms (i.e. gene therapy, vaccines, antibodies, stem cells); such drugs, and their generic forms,…