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What is a DRG code in the field of Healthcare?

What is a DRG code in the field of Healthcare?

Prospective rates of payment determined by Diagnosis Related Groups (DRGs) are the foundation of healthcare reimbursement by Medicare.

The DRGs constitute a classification system that provides an opportunity to connect the kind of patients that a hospital can treat (i.e., its mixture of patients) to the expenses paid by the hospital.

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DiagnosisRelatedGroups DRGCode Medicare RCM CPT Collection Reimbursement ChargeEntry RCMServices RCMProcess DenialManagement ARFollowUp AccountsReceivable MedicalBilling MedicalCoding MedicalBillingServices MedicalBillingCompany MedmaxTechnologies

What is a DRG code in the field of Healthcare?

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