What is the DRG system?
What will be an ideal response?
The diagnosis-related group (DRG) system has been used to classify treatments and fix fees in an effort to reduce the costs of Medicare payments. In this system, a hospital receives a fixed payment for treating each patient and the payment is based on one of the categories in a detailed analysis of several hundred diagnostic categories. One of the problems with the DRG, however, is that it gives hospitals an incentive to reduce resources used for treating patients.
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Judy has just bought a car that is made in Germany. As far as the U.S. balance of payments is concerned this purchase is a(n)
A) accounting identity. B) special draw. C) surplus item. D) deficit item.
Most migrants move from developing to developed nations
Indicate whether the statement is true or false