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

Part I – Paying for Hospital ServicesDiscuss (in about 2-3 pages) the advantage and disadvantage of the following hospital payment systems on cost containment and provider behavior:Fee-for-servicePer diemThe DRG-based payment system (i.e., Medicare’s Inpatient Prospective Payment System)CapitationPart II – Paying for Physician ServicesUsing the background materials and the information you find from the literature and on the Internet, respond (in about 2-3 pages) to the following questions:1.  Discuss the difference in Medicare payment methods for outpatient services and physician services.2.  Discuss the difference between bundled payments and global payments.:

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