Assignment
Part I - Paying for Hospital Services
Discuss (in about 2-3 pages) 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
Using the background materials and the information you find from the literature and on the Internet, respond (in about 2-3 pages) to the following questions:
1. Discuss the difference in Medicare payment methods for outpatient services and physician services.
2. Discuss the difference between bundled payments and global payments.
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also include a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also Include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.