Pay for Performance 5/24/06
May 24th, 2006
Pay for Performance, presented at the Spring Healthcare Management Symposium in Charlotte, NC, sponsored by the Mecklenburg Medical Society, Charlotte Area Medical Group Managers, and Professional Association of Health Care Office Management.
Pay for performance is a relatively new concept that is being tested by several major insurance carriers, as well as Medicare. The theory is to financially reward the health care providers that have better outcomes with respect to patient care. The goals for health plans are to improve quality of care, reduce health care costs, and to incentivize physicians. This seminar provided an education on the types of programs being used and how to evaluate whether it would benefit an organization to participate, since there are both pros and cons.
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