HOMEWORK: Pay for Performance (P4P)
The U.S. healthcare system has been criticized for high-cost, inefficacy, and issues on quality. P4P is an approach used to provide incentives to physicians and health care provider organizations to achieve improved performance by increasing quality of care and reducing costs.
Write a three- to five-page double-spaced paper (excluding title and reference pages), addressing the following:
a. Define the challenges in designing a Pay for Performance (P4P) program.
b. Discuss the impacts of P4P on provider payment reform.
c. Describe the health care providers' reactions to Value-Based Purchasing Programs.
d. Determine the benefits of P4P on patients.
Format your homework according to the give formatting requirements:
a. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.
b. The response also includes a cover page containing the title of the homework, the course title, the student's name, and the date. The cover page is not included in the required page length.
c. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.