Describe the primary distinction between prospective payment and retrospective payment.

Write a brief essay that addresses the following questions. List references and cite sources using proper APA style. Include at least one additional source other than the course textbook.

1. Is profit maximization the same thing as shareholder wealth maximization? Why or why not?

 

2. Describe the primary distinction between prospective payment and retrospective payment.

 

3. Why is the unreimbursed cost of Medicare most often not included as an element of community benefit?