Example of which stage of the financial reimbursement cycle

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The institution of payment according to one of eighty home health resource groups (HHRGs) limits the payments to a provider over a 60 day period. No matter how many times a provider visits a home during the 60 day period, the price remains at the HHRG designated amount. This is an example of which stage of the financial reimbursement cycle?

The First Stage: fees paid to trusted voluntary organizations.

The Second Stage: cost reimbursements.

The Third Stage: complex administered prices.

The Fourth Stage: total cost control through global budgets adjusted to match growth in GDP.

The Fifth Stage: start over.

Reference no: EM131194433

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