Explain How Bundled (Episode-Based) Payment Impact the Incentives to Providers

question 10

Essay

Explain how bundled (episode-based) payment impact the incentives to providers

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Definitions:

Probability of 1

Probability of 1 signifies an event that is certain to occur in the framework of probability theory.

Independent Events

Two or more events that do not affect each other's outcomes, meaning the occurrence of one event does not change the probability of the other.

Babies Born

Refers to the total number of live births in a specified population, area, or period, often used in demographic studies.

Same Sex

Referring to individuals of the same gender identity or sexual orientation, often used in discussions of rights and relationships.