Home > Term: rate setting
rate setting
These programs were developed by several states in the 1970's to establish in advance the amount that hospitals would be paid no matter how high or low their costs actually were in any particular year. (Also known as hospital rate setting or prospective reimbursement programs)
- Part of Speech: noun
- Industry/Domain: Health care
- Category: General
- Company: PBS
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Creator
- Jessehe
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