Prepare a paper on "Pay-for-performance".
Pay-for-performance is an umbrella term for initiatives aimed at improving the quality, efficiency, and overall value of health care. These arrangements provide financial incentives to hospitals, physicians, and other healthcare providers to carry out such improvements and achieve optimal outcomes for patients.The program incentive was to help control costs directly or indirectly and reward health care providers on volume and intensity of services. The program are designed to overcome the limitations of reimbursement arrangements by realigning the payment structure.