There has been a shift in thinking that prioritizes the quality of care given over the quantity of care received. This movement encourages innovation via the use of financial incentives, treatment in ambulatory settings, and an increased focus on preventative care along with a greater attention paid to how socioeconomic determinants of health influence the healthcare system. Pay-for-performance is a strategy that has been implemented by healthcare providers as part of an effort to enhance the quality of treatment that patients get. In this method, the amount of money that is paid is based not only on the kind of service that is rendered, but also on the number of treatments that are administered, the length of time that is spent with the patient, and the level of care that is delivered. It is expected that greater compensation for higher-quality services, rather than revenue based on the number of patients seen, would result in an improvement in the standard of treatment provided as well as improved levels of patient satisfaction. Several studies on the usefulness of quality metrics as opposed to how pay for performance models impact patient happiness were carried out, and the findings led researchers to draw a variety of conclusions. According to the findings of several research, pay-for- performance models are a successful method for bettering patient outcomes. On the other hand, several investigations came to the conclusion that certain features of this model are not as practically applicable. For instance, quality measures result in more accountable and competent nursing staff. However, remuneration based on performance is not the most effective method. Patients who received care at hospitals that participated in pay-for-performance and quality measurement programs had much better results than those who received care at hospitals that did not participate in these programs
Order this paper