The Diagnosis Related Group (DRG) is a basic set up group for diagnosis is how some insurance companies can categorize the cost of hospitalization. This in turn helps to decide how much to pay when a patient stays in the hospital. DRG are calculated by finding the average cost of the patient in a particular DRG based on age, diagnosis, surgical procedures and other factors. This base rate is adjusted based on structural differences across hospitals and other factors.
There are many advantages and disadvantages to using the DRG system. One disadvantage of the DRG is that if the hospital spends more than the DRG payment whilst treating the patient, then the hospital will lose money. This could be bad in some extensive situations so hospitals
There are many advantages and disadvantages to using the DRG system. One disadvantage of the DRG is that if the hospital spends more than the DRG payment whilst treating the patient, then the hospital will lose money. This could be bad in some extensive situations so hospitals