Discuss the advantage and disadvantage of the following hospital payment systems on cost containment and provider behavior:

Discuss the advantage and disadvantage of the following hospital payment systems on cost containment and provider behavior:

1.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
2.Discuss the difference in Medicare payment methods for outpatient services and physician services.
3.Discuss the difference between bundled payments and global payments.

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