A risk-based prospective payment system that integrates patient, hospital and national costs
Article Abstract:
A risk-based prospective payment system for Medicare inpatients would lessen the financial losses of providers. This contrasts with a fixed payment based on the national average cost of providing a particular service. Under this system, high-cost hospitals experience losses that are substantially lesser than those they would incur if they had chosen fixed payment system with no risk premium. These losses are still lower than the national average.
Publication Name: Journal of Health Economics
Subject: Health care industry
ISSN: 0167-6296
Year: 1992
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Implications of basing health-care resource allocations on cost-utility analysis in the presence of externalities
Article Abstract:
The effect of using cost-utility analysis as the basis for determining the amount of allocations for health-care resources was investigated. The results showed that cost-utility analysis is not an efficient method by which allocations can be determined since it does not take externalities into account. Ignoring externalities can lead to erroneous program ranking, thus resulting in non-optimal resource allocation.
Publication Name: Journal of Health Economics
Subject: Health care industry
ISSN: 0167-6296
Year: 1992
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Selection of treatment under prospective payment systems in the hospital sector
Article Abstract:
A study examines the impact of contracting with hospitals for surgical and medical treatment of patients. It is revealed that selection of treatment depends on funding.
Publication Name: Journal of Health Economics
Subject: Health care industry
ISSN: 0167-6296
Year: 2006
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