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The four types of reimbursement schemes
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Direct Reimbursement
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Recommended: The four types of reimbursement schemes
Direct and Limited reimbursement plans are tactics associated with handling expenses associated with sales. These expenses could include meals, travel, hotel, and other expenses associated with entertaining clients. Direct reimbursements involve unlimited reimbursement of all allowable and reasonable expenses. The advantage of direct reimbursements is that direct reimbursement plans give the sales manager some control over both the total magnitude of sales expenses, and the kinds of activities salespeople will be motivated to do. Limited reimbursement plans limit the total amount of reimbursement expense either by setting limits for each expense or by providing each salesperson a predetermined lump-sum payment to cover total expenses. Reimbursement
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Total Quality Logistics
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1677 Words | 4 PagesMedicare part A payment reimbursement is done through a Prospective payment system (PPS). Under the PPS Medicare payment is based on a predetermined, fixed amount. In order to determine the payment amount for a particular service different classification systems are used based on setting type 6. In fact, Centers for Medicare & Medicaid services (CMS) use separate PPSs all together for reimbursement to acute inpatient hospitals, home health agencies, hospice, hospital outpatient, inpatient psychiatric facilities, inpatient rehabilitation facilities, long-term care hospitals, and skilled nursing facilities 6. Since implementation of the PPS to each of these settings, healthcare providers (i.e. Physical Therapists) have faced many challenges.
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Reimbursement and Pay-for-Performance in Healthcare
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