Increased Reimbursement In Healthcare
Interesting point about the increased reimbursement rates. One way of looking at the increased reimbursement is the increased preventive care visit to providers and hospitals. Although older individuals who received Medicare, are at that stage in life where as we age the body began to break down requiring frequent visits to healthcare providers and more trips to the hospital. During the 1980sm however,m medical advances and cost-containment measures caused many procedures that once required inpatient hospitalization to be performed on an outpatient basis (Shultz & Young, 2010). Hence, this was the beginning for Medicare and other insurance decreasing hospital stays.
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