A prospective payment system (PPS) is a means of determining insurance reimbursement to hospitals based on predetermined prices, commonly from Medicare. Payments are typically based on codes provided on the insurance claim. Examples of these codes include: The PPS was established by the Center for Medicare and Medicaid Services (CMS) in 1983, spec...
Found on
http://en.wikipedia.org/wiki/Prospective_payment_system
A system wherein reimbursement rates are set, for a given period of time, prior to the circumstances giving rise to actual reimbursement claims. ... (12 Dec 1998) ...
Found on
http://www.encyclo.co.uk/local/20973
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