Question: A 9 2 - year - old patient and a 4 3 - year - old patient are both hospitalized for three days. However, the

A 92-year-old patient and a 43-year-old patient are both hospitalized for three days. However, the 92-year-old patient requires many more expensive tests and procedures during the stay. Each patient's health insurance company pays the hospital the same fixed rate, $1,000 a day. ($3,000 total). Regardless of the cost of number of interventions performed during the stay, what type of payment method does this describe? 1. Per-dime payments. 2. Capitation payment. 3. Payment by episode of illness. 4. Fee-for-service payment.

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