Advantages and disadvantages of Hospital Payment Systems

Discuss the advantage and disadvantage of the following hospital payment systems on cost containment and provider behavior:

•    Fee-for-service
•    Per diem
•    The DRG-based payment system (i.e., Medicare’s Inpatient Prospective Payment System)
•    Capitation
SLP Assignment Expectations:
•    Cite all sources and provide a reference list at the end of the paper.