Inpatient to Outpatient Services

Over time many procedures have shifted from inpatient services to outpatient services. This shift has gone far enough to prompt CMS to define certain procedures as inpatient only under the APC classification process. What's an example of a shift from inpatient to outpatient services and how this process affect healthcare? Does this process create or hamper perfect competition?

Solution Summary

Over time many procedures have shifted from inpatient services to outpatient services. This solution examines an example of a shift from inpatient to outpatient services and how this process affects healthcare. It also examines how this process creates or hampers perfect competition.