PHO, hospital track key indicators to attract P4P in cap contracts
As the rush by payers to reimburse providers based on performance turns into a stampede, it’s essential for physician groups and hospitals to band together in their approaches to quality initiatives, evidence-based medicine (EBM), pay for performance (P4P), and transparency.
Such is the assessment of James Watson, principal at Professional Business Consultants in Oak Brook, IL, and Elizabeth M. Simpkin, president and founder of The Lo-well Group, Inc., in Chicago, who discussed quality improvement (QI) and P4P at the Healthcare Financial Management Association’s June 2007 Annual National Institute, held in San Diego.
- CVS Ramps Up Retail Clinics with Provider Affiliations
- Drug Pricing 'Tantamount to Greed,' Lawmaker Says
- Contradictory Obamacare Rulings Issued by Appellate Courts
- Study Puts Spotlight on Preventing Fall-Related Injuries
- Wanted: Nurse PhDs
- As HIPAA Breaches Accelerate, Tools Lag
- The Infection-Busting Treatment Payers Don’t Want to Talk About
- 4 Tectonic Shifts Shaking Up Healthcare
- Surgical Checklists Unused in 10% of Hospitals, CMS Data Shows
- Roundtable: Life After a Healthcare Organization Acquisition