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Inpatient Prospective Payment System (IPPS)

Medicare's system of paying for inpatient hospital care based on a set price for that diagnosis (DRG) that is then adjusted for factors such as patient severity and medical cost adjustment.

Employee Retirement Income Security Act of 1974 (ERISA)

Legislation enacted in 1947 that protects workers from losing benefits that are provided through the workplace. The Act does not require employers to establish a…