What does PPS mean in Accounting?

This page is about the meanings of the acronym/abbreviation/shorthand PPS in the Business field in general and in the Accounting terminology in particular.

Prospective Payment System

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What does PPS mean?

Prospective Payment System
A system wherein reimbursement rates are set, for a given period of time, prior to the circumstances giving rise to actual reimbursement claims.

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"PPS." Abbreviations.com. STANDS4 LLC, 2017. Web. 23 Oct. 2017. <http://www.abbreviations.com/term/76250>.