Posts

Showing posts with the label financial incentives

Pay for performance: adding to healthcare disparities

a large Medicare study assessed the utility of the "value-based payment modifier", a quality  of care incentive, finding that there was no improvement in care, but actually exacerbating health care disparities (see  doi:10.7326/M17-1740): ​ Details: --history:     -- jan  2017: Medicare implemented Merit-based Incentive Payment System (MIPS) for fee-for- service  Medicare patients, a pay-for-performance program to reward clinicians who improved quality of care and reduced spending, its effects are pending         --but from 2013-16, there was similar system, the Value-Based Payment Modifier (VM):             --2013: practices with >100 clinicians were required to meet reporting requirements or incur small reduction in 2015 payment, but performance-based payment adjustments were optional   ...