SCCM Resource Library-DRG-Based Medication Reimbursement and Incentives

DRG-Based Medication Reimbursement and Incentives

Video Transcription

Video Summary

The Diagnosis-Related Group (DRG) system is a payment classification system that groups similar conditions for ease of payment. However, the system does not include medication expenses, which have significantly increased over time. To control drug expense and guide use, it is important to leverage strong formulary systems and committees. The goal is to optimize medication use and minimize waste while balancing quality of care and reducing costs. The system should be seen as a tool to support providers, not restrict access to medications when needed. It is crucial for all providers to be involved in the formulary system and the process to ensure appropriate medication utilization.

Asset Subtitle

Administration, 2023

Asset Caption

Type: one-hour concurrent | Payment Reimbursement in Critical Care: Updates (SessionID 1211091)

Meta Tag

Content Type Presentation

Knowledge Area Administration

Membership Level Professional

Membership Level Select

Tag Economics

Year 2023

Keywords

Diagnosis-Related Group

payment classification system

medication expenses

formulary systems

medication utilization

	Society of Critical Care Medicine 500 Midway Drive Mount Prospect, IL 60056 USA Phone: +1 847 827-6888 Fax: +1 847 439-7226 Email: support@sccm.org	Contact Us About SCCM Newsroom Advertising & Sponsorship DONATE	MySCCM LearnICU Patients & Families Surviving Sepsis Campaign Critical Care Societies Collaborative	GET OUR NEWSLETTER
© Society of Critical Care Medicine. All rights reserved. \| Privacy Statement \| Terms & Conditions The Society of Critical Care Medicine, SCCM, and Critical Care Congress are registered trademarks of the Society of Critical Care Medicine.