The DRGs Do Not Address Key Areas Such as Severity

question 13

Short Answer

The DRGs do not address key areas such as severity of illness, prognosis, treatment difficulty, etc., and this has put more emphasis on the facility to analyze the type and volume of patients in their organization. This analysis as it relates to reimbursement and the organization's financial health is called ____________________ ____________________ ____________________.

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Definitions:

Henry Fayol

A French engineer and management theorist best known for developing a general theory of business administration and identifying 14 principles of management.

Specialization of Labor

The division of work into specific tasks, with each worker focusing on a particular task to increase efficiency and expertise.

Principles of Management

These are fundamental guidelines that outline effective management practices to run organizations efficiently and achieve organizational goals.

Functional Approach

A methodology in business or research that focuses on the specific roles and activities within a system or organization.