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When hospitals began being reimbursed based on DRG assignment, patient length of stay decreased because:
Indirect Pay
Compensation that includes benefits provided by the employer but are not directly paid out as cash, such as health insurance and retirement plans.
Supplemental Medical Coverage
Additional health insurance that covers costs not covered by a primary insurance plan, including copayments, deductibles, and non-covered services.
Market Pricing
The process of determining the value of a job in the external job market by comparing it with similar jobs in other organizations.
Equity
Fair treatment and distribution of resources, or in finance, the value of an ownership interest in property, including shareholders' equity in a corporation.
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