Description
Write a 1,400- to 1,750-word paper that discusses the following:
- Define pay-for-performance.
- Explain how reimbursement is affected by the pay-for-performance approach.
- Discuss the impact of system cost reductions on the quality and efficiency of health care.
- Discuss how pay-for-performance affects health care providers and their customers.
- Discuss the effect pay-for-performance will have on the future of health care.
Format your paper according to APA guidelines.
Explanation & Answer
Attached.
Pay-for-Performance
I. Definition of pay-for-performance
II. Explanation on how reimbursement is affected by the pay-for-performance approach
III. Impact of system cost reductions on the quality and efficiency of health care
IV. Effect of pay-for-performance on health care providers and their customers
V. The effect of pay-for-performance on the future of health care
Running Head: PAY-FOR-PERFORMANCE
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Pay-for-Performance
Institution Affiliation
Date:
PAY-FOR-PERFORMANCE
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Pay-for-performance is a trending approach in the US health care system that is aimed at
promoting the quality and efficiency of care services. This concept is utilized by numerous care
facilities to promote the quality of care provided to patients. It also encourages employees in
health care to achieve the goals and aims of the business. As care organizations decide to apply
this concept to their system, they have to consider certain aspects associated with the pay-forperformance initiative. The aspects associated with pay-for-performance as described in the
paper include its effect on reimbursement, the impact of cost reductions on efficiency and quality
of care, the effect of the approach to the care providers and clients, and its effect on the future of
healthcare.
The pay-for-performance is an initiative utilized by healthcare organizations to promote
quality and efficiency of care services. It is defined as a system where the employees or
providers in care organizations are compensated depending on their performance (Haseltine and
Brookings Institution, 2013). The care providers receive compensation due to their capacity to
achieve goals and objectives in care institutions that are veered towards the provision of quality
and efficient services to patients. Pay-for-performance can also be defined as an approach where
incentives are provided to healthcare facilities and the providers to promote and achieve positive
outcomes for patients after providing efficient and quality services.
Another definition of pay-for-performance is linked to the human resource practices
aimed to achieve the goals and objectives of health care. The system comprises of distinct human
r...
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