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Pay -for performance and value - based purchasing system are very much effective

ID: 373646 • Letter: P

Question

Pay -for performance and value - based purchasing system are very much effective in healthcare organization .

Basically pay for performance or value based purchasing are a payment model that offers financial incentive to physicians, healthcare organization,health consultant, hospitals and medical groups for measuring performance.

Mainly in united state most of medical scientist are favouring a incentive based programs in healthcare sector to increase the performance of healthcare sectors.

Emergence of such payment model to uplift the healthcare sectors, providing effective and quality of healthcare services to society.

American medical association (AMA) has explain the pay for performance programs,that are mostly for increasing the relationship level in between patience and doctors .

Pay for performance or value based purchasing are very much creative in developing doctors, hospitals, medical consultants interest in patience care practices.

Explanation / Answer

Why did pay-for-performance and value-based purchasing systems emerge? Please provide detail explanation?

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