Examlex
In the Keynesian aggregate expenditures model, prices are assumed to be fixed because resources are underutilized.
Prospective Payment System
A healthcare payment method where the amount or rate of reimbursement is predetermined based on the diagnosis and/or procedures rather than basing it on the actual cost incurred.
Cost-Based Reimbursement
A payment method where healthcare providers are paid based on the costs of the services they deliver, often used by government programs.
Diagnosis-Related Groups
A system of classification for inpatient hospital services that groups patients into categories based on their diagnoses, surgical procedures, age, and other factors for the purpose of payment and analysis.
Psychiatric Ward
A specialized hospital unit dedicated to the treatment and care of individuals with acute psychiatric conditions, offering a range of therapeutic and support services.
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