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     Value-based payment

     • Pay for Performance in healthcare (P4P), also known as value-based payment, comprises payment models that attach financial incentives/disincentives to provider performance. P4P is part of the overall national strategy to transition healthcare to value-based medicine.
     catalyst.nejm.org › doi › full

     What Is Pay for Performance in Healthcare? | NEJM Catalyst

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   What is pay for performance in healthcare (P4P)?

   • This article appeared in NEJM Catalyst prior to the launch of the NEJM Catalyst Innovations in Care Delivery journal. Learn more. Pay for Performance in healthcare (P4P), also known as value-based payment, comprises payment models that attach financial incentives/disincentives to provider performance.

   What Is Pay for Performance in Healthcare? | NEJM Catalyst

   catalyst.nejm.org/doi/full/10.1056/CAT.18.0245

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   How does pay for performance affect hospital reimbursement?

   • While it still utilizes the fee-for-service system, it nudges providers toward value-based care because it ties reimbursement to metric-driven outcomes, proven best practices, and patient satisfaction, thus aligning payment with value and quality.

   What Is Pay for Performance in Healthcare? | NEJM Catalyst

   catalyst.nejm.org/doi/full/10.1056/CAT.18.0245

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   Can 'pay for performance' improve patient care?

   • The aim of this Cochrane Review was to find out if 'pay for performance' — that is, providing hospitals with monetary incentives to meet targets or penalizing them for failing to reach those targets — can improve the quality of patient care, resource use and equity. The review was not limited to a certain health problem.

   Pay for performance for hospitals - PMC - National Center for

   www.ncbi.nlm.nih.gov/pmc/articles/PMC6611555/

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   Do health workers benefit from performance related payments?

   • In high-income settings health workers rarely benefit directly from any performance related payments. This difference could influence how providers respond to incentives and to additional payments, or their removal.

   Pay for Performance: A Reflection on How a Global Perspective Could

   www.ncbi.nlm.nih.gov/pmc/articles/PMC7557422/

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   What is pay-for-performance (P4P)?

   • Background: Pay-for-Performance (P4P) is a payment model that rewards health care providers for meeting pre-defined targets for quality indicators or efficacy parameters to increase the quality or efficacy of care.

   Pay for performance for hospitals - PubMed

   pubmed.ncbi.nlm.nih.gov/31276606/

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   What is a pay for performance system?

   • Clinical outcomes, such as longer survival, are difficult to measure, so pay for performance systems usually evaluate process quality and efficiency, such as measuring blood pressure, lowering blood pressure, or counseling patients to stop smoking.

   Pay for performance (healthcare) - Wikipedia

   en.wikipedia.org/wiki/Pay_for_performance_(healthcare)

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3. catalyst.nejm.org › doi › fullWhat Is Pay for Performance in Healthcare? | NEJM Catalyst

   catalyst.nejm.org › doi › full

   Mar 1, 2018 · Pay for Performance in healthcare (P4P), also known as value-based payment, comprises payment models that attach financial incentives/disincentives to provider performance. P4P is part of...

4. www.ncbi.nlm.nih.gov › pmc › articlesPay for performance for hospitals - PMC - National Center for ...

   www.ncbi.nlm.nih.gov › pmc › articles

   Jul 5, 2019 · Pay‐for‐Performance (P4P) is a payment model that rewards health care providers for meeting pre‐defined targets for quality indicators or efficacy parameters to increase the quality or efficacy of care.

   • Author: Tim Mathes, Dawid Pieper, Johannes Morche, Stephanie Polus, Thomas Jaschinski, Michaela Eikermann
   • DOI: 10.1002/14651858.CD011156.pub2

   • Publish Year: 2019
   • Published: 2019

5. www.ncbi.nlm.nih.gov › pmc › articlesHealth Care Professionals’ Perceptions of Pay-for-Performance ...

   www.ncbi.nlm.nih.gov › pmc › articles

   May 23, 2020 · Incentive-based pay-for-performance (P4P) models have been introduced during the last 2 decades as a mechanism to improve the delivery of evidence-based care that ensures clinical quality and improves health outcomes.

   • Author: Barbara Martin, Jacqueline Jones, Matthew Miller, Rachel Johnson-Koenke, Rachel Johnson-Koenke
   • DOI: 10.1177/0046958020917491

   • Publish Year: 2020
   • Publication: Inquiry. 2020 Jan-Dec; 57: 0046958020917491.

6. en.wikipedia.org › wiki › Pay_for_performancePay for performance (healthcare) - Wikipedia

   en.wikipedia.org › wiki › Pay_for_performance

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   In the healthcare industry, pay for performance ( P4P ), also known as " value-based purchasing ", is a payment model that offers financial incentives to physicians, hospitals, medical groups, and other healthcare providers for meeting certain performance measures.

7. pubmed.ncbi.nlm.nih.gov › 31276606Pay for performance for hospitals - PubMed

   pubmed.ncbi.nlm.nih.gov › 31276606

   Jul 5, 2019 · Background: Pay-for-Performance (P4P) is a payment model that rewards health care providers for meeting pre-defined targets for quality indicators or efficacy parameters to increase the quality or efficacy of care.

   • Author: Tim Mathes, Dawid Pieper, Johannes Morche, Stephanie Polus, Thomas Jaschinski, Michaela Eikermann

   • Publish Year: 2019

8. www.ncbi.nlm.nih.gov › pmc › articlesPay for Performance: A Reflection on How a Global Perspective ...

   www.ncbi.nlm.nih.gov › pmc › articles

   Feb 24, 2020 · Pay-for-performance (P4P) is the provision of financial incentives to healthcare providers based on pre-specified performance targets. P4P has been used as a policy tool to improve healthcare provision globally.

9. www.verywellhealth.com › what-is-pay-forBenefits of a Value-Based Payment System - Verywell Health

   www.verywellhealth.com › what-is-pay-for

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   Jul 28, 2023 · Value-based payment models, also known as alternative payment models (APMs), are health care payment systems that reward medical providers for overall efficiency and patient outcomes, rather than paying them for each service they perform.