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When a Company Sets a Ceiling as to What They

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When a company sets a ceiling as to what they will pay for a procedure, this is referred to as a reference-pricing program.


Definitions:

2-pentanol

An organic compound, a type of alcohol with the alcohol functional group located on the second carbon of a five-carbon chain.

Cyclobutanol

A type of organic compound characterized by a four-membered ring structure with a hydroxyl group (-OH) attached, making it an alcohol.

Compound

A chemical entity that is formed by the combination of two or more elements in a specific proportion.

Functional Group

A specific group of atoms within a molecule that is responsible for the characteristic chemical reactions of that molecule.

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