Assignment
Discuss 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
1. Discuss the difference in Medicare payment methods for outpatient services and physician services.
2. Discuss the difference between bundled payments and global payments.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.