Student Solution

-->

"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

1 University

1 Course

1 Subject

Pay for Performance

Pay for Performance

Q Question: Pay for Performance is increasing as a means to support providers, especially physicians, and improve quality of care outcomes. The costs may or may not be justified. One justification is that costs may go down if the providers are cognizant of overall costs and the costs to the pay for performance is less than the costs saved. However, one might contend that other means could lead to the same reduced costs (health administrators’ oversight on procurement costs). Indicate your perspective on Pay for Performance for physicians (MDs or DOs) along the continuum indicated below, and provide an article that supports your perspective (three references for reliability purposes). Pay for Performance Continuum (you can use all numbers 1-10): PFP PFP Should Never Be Used = 0 PFP Should Be Limited = 3 PFP Should Be Used in 50% of Care = 5 PFP Should Be the Rule – Exceptions to Not Use it (e.g., Emergencies) = 7 PFP Should Be Used all the Time with Salary: 9 PFP Should be the Only Pay (No Salary Base): 10

View Related Questions

Solution Preview

The concept of the Pay-for-performance can be considered as the umbrella in order to take the required initiatives that are aimed for improving the efficiency, overall value and the quality of the health care. The healthcare sector of the United States is very much competitive therefore, without involving suitable and competitive strategies; it is next to impossible to cope up with the competitive health care industry in a proper manner (Woolhandler et al. 2012). The health management and leadership theory involves the Rational Contingency Theory, which suggests the need of the results from the resources that have been employed for structuring the procedures of the healthcare unit.