Pay-for-Performance Impacts

How does Pay-for-Performance impact the patients, providers, practitioners and hospitals in regards to overall managed care and quality? Are there incentives, risks, or common components found? In your post, incorporate two examples from real life. Utilize a minimum of two scholarly and/or peer-reviewed sources that were published within the last five years, to support the ideas you express in your post

…………….Answer Preview……………

Pay-for-performance refers to the initiatives mainly aimed at improving the efficiency, quality, and most importantly the overall value of the health care system. The pay-for-performance initiative offers additional benefits to health providers if they meet the expected quality measures, for instance, the reduction in diabetic patients. The initiative also provides rewards for performance improvement in a period, however, the initiative also impose penalties for providers who fail to achieve the specified…………….

APA

389 Words