reimbursement: diagnostic related groups (DRG's)
A federally mandated program in which hospital procedures are rated in terms of cost,
after which a standard flat rate is set per procedure. Medicare
claims for those procedures are paid in that amount, regardless of the cost to the
hospital.*
Books and Other
Media:
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*Extracted from Family Physicians
and Managed Care: A View to the 90's: (paperback 1993) with permission from American Academy of Family Physicians
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