Changes to medicare that introduced diagnosis-related groups

Assignment Help Microeconomics
Reference no: EM13686124

The most important aspect of the 1983 changes to Medicare that introduced diagnosis-related groups (DRGs) was defining 483 categories of illness for treatment.

1. Setting up maximum hospital stays for certain procedures.

2. Switching from retrospective to prospective payment for hospitals.

3. Requiring physicians to seek second opinions before certain surgical procedures are approved.

4. All of these were important changes to Medicare.

Reference no: EM13686124

Questions Cloud

Build picis mcu-based embedded conununication system : Implement the proposed design: The groups will implement their design and document it along with all test results. The students are responsible for discussing any problems that may arise during implementation with the course instructors and aggres..
Global budgets coupled with price ceilings : Global budgets coupled with price ceilings can control total spending as long as
Price ceiling is set below the current market price : Presume a price ceiling is set below the current market price. If the goal of the price ceiling is to reduce total expenditures, it will be successful
Accomplish its intended goal of lowering overall spending : If a price ceiling is to accomplish its intended goal of lowering overall spending, which of the following should be true?
Changes to medicare that introduced diagnosis-related groups : The most important aspect of the 1983 changes to Medicare that introduced diagnosis-related groups (DRGs) was defining 483 categories of illness for treatment.
Physicians who accept assignment on their medicare patients : Physicians who accept assignment on their Medicare patients
Most serious flaw in the medicare system is the fact : Possibly, the most serious flaw in the Medicare system is the fact that
Falling hospital admissions-shorter length of hospital stays : Falling hospital admissions and shorter length of hospital stays beginning in the mid 1980s may be attributable to
Fee schedule based on diagnosis-related groups sets up : A fee schedule based on diagnosis-related groups sets up an incentive to

Reviews

Write a Review

Microeconomics Questions & Answers

  Compute the coefficient of determination carry out the

1. consider the sherwin-williams company example discussed in this chapter seetable 4.1. suppose one is interested in

  Submit annotated bibliography source #2

Submit Annotated Bibliography Source #2 on the article The M3-Competition: Results, Conclusions, and Implications. Milestone Three: Resource #3

  What is the expected return of your portfolio

Assume that you have $165,000 invested in a stock that is returning 11.5%, $85,000 invested in a stock that is returning 22.75%, and $235,000 invested in a stock that is returning 10.25%. What is the expected return of your portfolio?

  Determining demand for housing

The demand for housing is often described as being highly cyclical and very sensitive to housing prices and interest rates. Given these characteristics describe the effect of each of the following terms of whether it would increase or decrease the..

  The name of contestant is written on separate card cards

1. 49 34 and 48 students are selected from the sophomore junior and senior classes with 496 348 and 481 students

  How unemployment rate over or understate level of economy

Explain how the unemployment rate could cause us to arrive at misleading conclusions about the condition of the job market. Do you feel that changes in the unemployment rate overstate or understate our level of economic activit

  Why does not us simply restrict all goods coming in from

assume that you have been appointed as the speaker of the house. you must deliver a speech about the current state of

  Higher interest rates less capital invested

Which of these four scenarios are most important today? Your answer may include more than one scenario.

  In reference to the 2008 global economic crisis

In reference to the 2008 Global Economic Crisis.

  Explain two effects of an open economy on monetary and

discussion forum economic colleagues first pick one of the following explain two effects of an open economy on monetary

  The firms marketing manager responds with the memo pointing

the haas corporations executive vice president circulates a memo to the firms top management in which he argues for a

  How a monopoly decides how much to change

explain in words, and use a graph to illustrate, how a Monopoly decides how much to change and how much to produce. Include Marginal Cost, Marginal Revenue, Demand, Average Total Cost, and Profit. Assume the Monopoly is a Natural Monopoly and draw..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd