Pay for performance: quality- and value-based reimbursement. Pediatric clinics of North America [Pediatr Clin North Am] Journal article

There is urgent need to reform health care reimbursement models, including physician compensation, to address high health care costs, despite numerous quality initiatives. Pay for performance (P4P) is a model that attempts to align financial incentives with better outcomes and value rather than the current system of rewarding volume and intensity of care delivered. P4P has been implemented in other countries besides the United States and is perhaps most advanced in the United Kingdom. Measurement for P4P is evolving, as are the types of incentives; neither is perfect at this time. For P4P to succeed, all health care stakeholders will need to collaborate.

Pediatric clinics of North America [Pediatr Clin North Am]

Child
Employee Performance Appraisal
Great Britain
Guideline Adherence
Humans
Insurance, Health, Reimbursement
Managed Care Programs
Medicaid
Medicare
Patient-Centered Care
Patients
Pediatrics
Physician's Practice Patterns
Practice Guidelines as Topic
Quality Assurance, Health Care
Quality of Health Care
Reimbursement, Incentive
Salaries and Fringe Benefits
Societies, Medical
Total Quality Management
United States