Using the background materials and the information you find from the literature and on the Internet, respond 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.
Medicare Payment Advisory Commission. (2010). Medicare Payment Basics: Physician Services Payment System. Available at http://www.medpac.gov/documents/MedPAC_Payment_Basics_10_Physician.pdf (Retrieved 11/21/2012)
Centers for Medicare and Medicaid. (2010). Medicare Physician Fee Schedule. The Medicare Learning Network Payment Systems Fact Sheet Series. Available at http://www.cms.gov/MLNProducts/downloads/HospitalOutpaysysfctsht.pdf (Retrieved 11/21/2012)
Wilensky, G. (2009). Reforming Medicare’s Physician Payment System. New England Journal of Medicine, 360 (7), 653-655. Available at http://healthpolicyandreform.nejm.org/?p=334 (Retrieved 11/21/2012)