| Literature DB >> 3054469 |
F A Sloan1, M A Morrisey, J Valvona.
Abstract
In 1983 federal efforts to contain hospital costs were coalesced under the Medicare prospective payment system (PPS)--a "self-interest" approach to administered prices. Diagnosis-related groups (DRGs) and the tougher peer review organizations (PROs) serve to define "products"; PPS sets the price on each. The effects of PPS go beyond Medicare; they have been system-wide. Differential impacts on hospital utilization, substitution of capital for labor, and quality are examined through a variety of data sources and descriptive as well as regression analyses. The greatest cost savings are attributed to a reduction in hospital admissions per capita.Entities:
Mesh:
Year: 1988 PMID: 3054469
Source DB: PubMed Journal: Milbank Q ISSN: 0887-378X Impact factor: 4.911