prospective payment assessment commission
type: Concept
broader: prospective payment system

managed care
type: Concept
narrower: prospective payment system

reimbursement mechanisms
type: Concept
narrower: prospective payment system

diagnosis-related groups
type: Concept
broader: prospective payment system

concepts
type: Collection
type: ConceptGroup
member: prospective payment system

Medicare Payment Advisory Commission
type: Concept
broader: prospective payment system

prospective payment system
type: Concept
narrower: diagnosis-related groups
narrower: Medicare Payment Advisory Commission
narrower: prospective payment assessment commission
definition: In 1983, the U.S. federal government initiated a new method of payment for Medicare hospital services. The prospective payment system (PPS) created a reimbursement mechanism in which scientifically clustered diagnoses known as diagnosis-related groups (DRGs) would have predetermined compensation amounts, regardless of the hospitals' actual costs. [Source: Encyclopedia of Health Care Management; Prospective Payment System]
broader: managed care
broader: finance
broader: reimbursement mechanisms

finance
type: Concept
narrower: prospective payment system