Pricing Medicare's diagnosis-related groups: charges versus estimated costs.

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Title
Pricing Medicare's diagnosis-related groups: charges versus estimated costs.
First Author
Price, Kurt F
Date of Pub
1989 Fall
Pages
79-90
Abstract
Hospital payments under Medicare's prospective payment system (PPS) are based on prices established for 474 diagnosis-related groups (DRG's). Previous analyses using 1981 data demonstrated that DRG prices based on charges alone were not that different from prices calculated from estimated costs. Data for 1986 were used in this study to show that the differences between the two sets of DRG prices are much larger than previously reported. If DRG prices were once again based on estimated costs instead of the current charge-based prices, payments would be significantly redistributed.
Other Authors
N/A
MeSH
Costs and Cost Analysis : Fees and Charges : Prospective Payment System : Abstracting and Indexing : Comparative Study : Diagnosis-Related Groups/economics : Economics, Hospital/statistics & numerical data : Medicare/economics : United States
Issue
1
NTIS Number
PB90-146705
Volume
11