Definition of Inpatient Prospective Payment System (IPPS)

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TeachMeFinance.com - explain Inpatient Prospective Payment System (IPPS)



Inpatient Prospective Payment System (IPPS)

The term 'Inpatient Prospective Payment System (IPPS)' as it applies to the area of hospitals can be defined as 'Hospitals that have contracted with Medicare to provide acute inpatient care and accept a predetermined rate as payment in full'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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