What is the prospective payment system reimbursement


Assignment:

Please answer the following questions in essay format.

1. What is the main difference between the fee-for-service and capitation reimbursement methods? What are the advantages and disadvantages of each? What is the key to profitability? Give examples.

2. What is the primary distinction between prospective payment system reimbursement and how critical access hospitals get paid? Be specific and identify how a critical access hospital gets paid. What are the advantages and disadvantages of each? What is the key to profitability? Give examples.

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Microeconomics: What is the prospective payment system reimbursement
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