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Explain the DRGs uses. (Diagnosis Related Groups)

Explain the DRGs uses. (Diagnosis Related Groups)

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DRGs Rferes to diagnosis-related groups, it is a type of classification of the patient to standardize payments in hospitals including admission discharges as well as charges of inpatient stay. By using the statistical tools DRGs offer a platform to categorize the overall hospitalization cost for reimbursement purposes. And thus it is proved to be a very efficient tool to control the healthcare cost, encouraging patient care practice efficacy. The major advantage of DRGs payment system is its transparency and acceptancy.

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