What Is the Difference Between Licensing and Cross-Licensing? What Factors

question 55

Essay

What is the difference between licensing and cross-licensing? What factors do firms need to consider before entering into licensing agreements?

---

Definitions:

HAC

Hospital-Acquired Condition, an undesirable situation or complication that affects a patient during a stay in a healthcare facility and that was not present at admission.

HAC Data

Hospital-Acquired Condition data, which encompasses information regarding complications or infections that patients acquire during their stay in a healthcare facility.

Patient Safety

The prevention of errors and adverse effects to patients associated with health care.

DRG Grouper

A software tool used in the healthcare industry to classify hospital cases into Diagnostic Related Groups for billing and reimbursement purposes.