Describe the Impact of the Prospective Payment System on the Length

question 62

Essay

Describe the impact of the prospective payment system on the length of stay in inpatient facilities and on the utilization of other levels of care.

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Definitions:

Administration Route

The path by which a drug, fluid, poison, or other substance, is taken into the body.

Nose

The part of the face that houses the nostrils and organs of smell and forms the beginning of the respiratory tract.

Economies Of Scale

Cost advantages reaped by companies when production becomes efficient, leading to a decrease in the per-unit cost as output increases.

Diseconomies Of Scale

The situation when a firm's costs per unit increase as it produces more output, opposite of economies of scale.