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A prospective payment system (PPS) is a term used to refer to several payment methodologies for which means of determining insurance reimbursement is based on a predetermined payment regardless of the intensity of the actual service provided. It includes a system for paying hospitals based on predetermined prices, from Medicare.
The payment system for the services provided by LTACHs is complex. Medicare reimburses for LTACH services through the Prospective Payment System (PPS). [3] Payments are based on an average patient length of stay in the LTACH of 25 days. LTACHs receive an adjusted DRG (Diagnosis-Related Group) payment for patients. [4]
The Clearing House Interbank Payments System (CHIPS) is a bank owned automated funds-transfer system for domestic and international high value payment transactions in U.S. dollars. It is a real-time final settlement payment system that continuously matches, off-sets and settles payments among international and domestic banks. [3]
Prospective payment system, a health care payment model in the United States; Public Prosecution Service (disambiguation), various bodies charged with bringing criminal prosecutions to court; Public Procurement Service, South Korea; Provincial Police Service (disambiguation), state civil service for police in India
The U.S. Treasury's payment system won't be touched by Elon Musk's government efficiency team, Treasury Secretary Scott Bessent told Fox Business on Wednesday, adding that any decisions to stop ...
Electronic Payment Services (simplified Chinese: 易办事; traditional Chinese: 易辦事; pinyin: Yì bànshì), commonly known as EPS, is an electronic payment system based in Hong Kong, Macau, and with limited acceptance in Shenzhen since it began operations in 1985.