Healthcare Digitalization and Pay-For-Performance Incentives in Smart Hospital Project Financing

Pay and Non-pay Incentives, Performance and Motivation

This paper provides an overview of evidence of the effects of incentives on the performance and motivation of independent health professionals and health workers. Incentives are viewed in the context of objectives held by paying agencies or employers. The review defines the nature of economic incentives and of non-financial incentives. Particular attention is paid to the need for developing cou...

Pay for Performance: Advances in Understanding How Provider Incentives Produce Quality Healthcare

[Pay for performance in Colombian healthcare].

OBJECTIVE Describing the extent and forms of use of pay for performance (P4P) in Colombian healthcare. METHODS This was a descriptive study based on interviews and surveys of health insurance agency managers in Bogotá, Colombia. The authors relied on transaction cost theory to interpret the results. RESULTS P4P was found to be used by contribution scheme insurers in an outpatient setting, b...

Hospital Size, Uncertainty, and Pay-for-Performance

We construct statistical models to assess whether hospital size will impact the ability to identify "true" hospital ranks in pay-for-performance (P4P) programs. We use Bayesian hierarchical models to estimate the uncertainty associated with the ranking of hospitals by their raw composite score values for three medical conditions: acute myocardial infarction (AMI), heart failure (HF), and commun...

Optimal Compensation Contracts with Pay-for- Performance and Termination Incentives

This paper studies optimal compensation contracts in the presence of both payfor-performance and termination incentives. While these incentives have been studied independently, this paper’s model is the first to incorporate both. The primary result is that pay-for-performance and the threat of termination are substitute incentive devices; holding effort constant, optimal pay-for-performance inc...