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Capital PPS: trekking through the labyrinth.

Grimaldi Pl

Abstract

The Health Care Financing Administration's (HCFA's) new method of paying for Medicare inpatient capital costs will pay a hospital under either a fully prospective system or a hold harmless method. The new system includes a payment floor on total capital, a revised outlier payment system, and an exceptions process by which some hospitals can receive additional capital payments. HCFA plans to phase in the new system over a 10-year period.

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Key concepts: Prospective payment system, Payment, Business, Capital (architecture), Payment system, Health care financing, Finance, Administration (probate law)