Discuss the idea of drg-based prospective payment mechanism


Discuss the idea of DRG-based prospective payment mechanism for hospitals. Discuss the potential effects of DRG payment on quantity of services produced by the hospitals, composition of different types of services offered, incentives for adoption of cost-saving technology, quality of care and competition among hospitals in the market.

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Business Economics: Discuss the idea of drg-based prospective payment mechanism
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