Paying for Hospital and Physician Services
Part I - Paying for Hospital Services
Discuss (in about 2-3 pages) the advantage and disadvantage of the following hospital payment systems on cost containment and provider behavior:
Fee-for-service
Per diem
The DRG-based payment system (i.e., Medicare's Inpatient Prospective Payment System)
Capitation
Part II - Paying for Physician Services
Using the background materials and the information you ?nd from the literature and on the Internet, respond (in about 2-3 pages) to the following questions:
1. Discuss the difference in Medicare payment methods for outpatient services and physician services.
2. Discuss the difference between bundled payments and global payments.
Write a 2- to 3-page paper, typed and double spaced, with 12 pt. Times New Roman font and 1-inch page margins. Use headers throughout the paper. This will aid you in not overlooking vital elements of the assignment.