The Challenge of Measuring Healthcare Value
The tiering systems, pay-for-performance formulas, reimbursement codes, and other methods of rewarding quality become more Rube Goldbergesque all the time. Finding simple ways to improve the value of healthcare is a challenge shared by everyone in the industry, and payers can help by ensuring the methods they use to reward quality or efficiency are as transparent and straightforward as possible.
Reimbursement incentives can be effective if they are comprehensible, but they won’t likely have their intended effect if there are too many levers, buttons, triggers, and springs in the system.
Elyas Bakhtiari is a freelance editor for HealthLeaders Media.
- Half of All Primary Care, Internal Medicine Jobs Unfilled in 2013
- How Digital Strategy Shapes Patient Engagement at Boston Children's Hospital
- CNO on Hospital Redesign: 'You Can't Over-Communicate'
- CFO Exchange: Smartphones Poised to Disrupt Healthcare, Says Topol
- Some Cancer Hospitals' Quality Data Will Soon Be Public
- CA Powers Up $80M HIE to 'Create Value in the Data'
- TJC Warns Hospitals of Deadly Medical Tubing Mistakes
- PA Ranks See 'Phenomenal Growth,' Lack of Diversity
- 3 Traits Personality Assessments Can't Reveal
- The secret committee behind our soaring healthcare costs