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In What Type of Prospective Reimbursement Is the Size of the Budget

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In what type of prospective reimbursement is the size of the budget paid to the hospital set prospectively across the whole range of treatments provided and is unrelated to the actual costs incurred or to the workload?


Definitions:

Monthly Payment

Periodic payments made towards loans, typically calculated monthly, covering interest and principal repayment.

Rate of Return

The rate of return is a measure of the profitability of an investment, calculated as the percentage of the total amount of returned income to the amount of the investment’s initial cost.

Annual Dividend

An annual profit sharing from a corporation to its shareholders, usually in the form of a payment.

Future Value

The future financial worth of an asset or cash that equates to a designated current sum.

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