Coursework on How Reimbursement Data be used for Performance Incentives

How Reimbursement Data be used for Performance Incentives

In the healthcare sector, physicians and nurses offer services of high quality that contribute to positive results. To enhance effective results, health organizations have initiated pay-for performance plans. Theses reflect forms of motivation that are granted to physicians and nurses. Its objective is to improve the quality of care that is given to the sick persons.

In some cases, pay-for performance encouraging methods may not be enough to deal with the best health care services that are provided. In this situation, there is need for compensation to handle bonuses and information to enhance the incentives. Similarly to P4P incentives, some bonuses are related to reimbursement. These are essential in promoting the performance of physician and nurses in the health care sector. Clearly, dedication is a vital aspect that examines and focuses on means of repayment (Briesacher et al, 2009, p 9).

This is to create information that will be used in the project to support pay-for performance. Having a dedicated arrangement will also foster the objectives that will aid in initiating different plans. Furthermore, dedication advances the opportunities that are involved in different projects to enhance their success. This implies that stakeholders who are dedicated in improving health care firms will require using compensation data. It ensures that they are compromising with incentive plans to enhance its completion.

It is significant to note that putting too much focus on healthcare compensation data turns to be unhealthy for majority of hospitals. The advantage of healthcare reimbursement is that it motivates health workers and facilitates the provision of quality services. Furthermore, this plan fulfills the needs of clients and boost morale among workers. The limitation of healthcare reimbursement is that it incorporates high costs that tend to restrain the project.

References

Briesacher, B. A., Field, T. S., Baril, J., & Gurwitz, J. H. (2009). Pay-for-performance in nursing homes. Health care financing review, 30(3), 1.

Casto, A. B., & Layman, E. (2006). Principles of healthcare reimbursement. Chicago: American Health Information Management Association.

 

 

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