Which of the following statements is true about diagnosis-related groups (DRGs)? A. DRGs are the basis for a cost accounting method that groups costs together by departments performing the services. B. A DRG is a case-mix classification scheme that is used to determine the payment provided to the hospital for inpatient services, regardless of how much the hospital spends to treat a patient. C. The federal Medicare system of retroactive payment for services depends on DRGs. D. The DRGs method is the prevailing practice of billing third-party payors for a health care organization's average cost for providing care for locally defined similar medical conditions. B
The primary source of revenue for most hospitals is:
A hospital originally recorded all patient services it provided as a $500,000 debit to accounts receivable. Upon review the hospital determined that a contractual adjustment of $200,000 needs to be made, and
