Which of the following is a characteristic of the Fee-For-Service payment model?

The Fee-For-Service payment model is characterized by payment for each service provided, meaning that healthcare providers receive a separate payment for every individual service rendered to a patient. This model incentivizes providers to offer more services because their revenue generally increases with the volume of services performed. In contrast, other payment models, such as capitation or bundled payments, focus on providing comprehensive care for a set fee or incentivizing quality of care, rather than rewarding the quantity of services provided. In the Fee-For-Service model, the focus is predominantly on the specific services delivered, making it essential for healthcare providers to accurately document and bill for each service they provide.