In health care, services are most likely to be provided before a payment has been received, so it is imperative for health care providers to establish a reimbursement system that fits their individualized operational needs.
In a 3-4-page paper, identify the pros and cons of the following reimbursement methods:
- Prospective-payment systems
- Cost-reimbursement systems
- Discounted-charge systems
- Flat-rate reimbursement system
You should consider the following questions in your comparison analysis:
- When is each reimbursement system considered the preferred method? What types of providers use each system?
- When would be a time or situation when each would be used?
- How does each reimbursement system affect the various departments of health care companies and providers?
- Will choosing one system over another affect available funding sources?
- What other areas/people may be affected by the decision?