encyclopedia of medical concepts
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Prospective Payment System
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Definition
: A system wherein reimbursement rates are set, for a given period of time, prior to the circumstances giving rise to actual reimbursement claims.
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Examples
Diagnosis-Related Groups
;
Medicare Payment Advisory Commission
;
Prospective Payment Assessment Commission
Other names
Reimbursement, Prospective; Prospective Reimbursement; Prospective Pricing; Discretionary Adjustment Factor; Systems, Prospective Payment; System, Prospective Payment; Reimbursements, Prospective; Prospective Reimbursements; Prospective Payment Systems; Pricing, Prospective; Payment Systems, Prospective; Payment System, Prospective; Factors, Discretionary Adjustment; Factor, Discretionary Adjustment; Discretionary Adjustments; Discretionary Adjustment Factors; Discretionary Adjustment; Adjustments, Discretionary; Adjustment Factors, Discretionary; Adjustment Factor, Discretionary