only need 2 paragraphs relating to the below topiccompare and contrast prospective payment systems...

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only need 2 paragraphs relating to the below topic
compare and contrast prospective payment systems with non-prospective payment systems. Explain the classification systems used with prospective payments. How do the prospective payment systems impact operations?

Sumita Mitra · Accepted Answer

2
Prospective payment system vs non prospective payment systems:
Treatments are linked to a defined payment rate in prospective payment agreements. Under a predicted payment system, a medical professional or practitioner will always be paid the same amount for giving the same precise sort of therapy. Prospective payment plans come with a slew of advantages. Providers and insurers can better track and forecast spending and payments because these plans pay fixed rates. Prospective payment plans may save insurers money, which could be passed on to patients in the form of lower annual premiums and co-payments.

only need 2 paragraphs relating to the below topic compare and contrast prospective payment systems with non-prospective payment systems. Explain the classification systems used with prospective...

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