The Effect of Financial Incentives on Physician Performance: Evidence from a Pay-For-Performance Program
Year: 2015
Type: dissertation
Study design: Observational Study
Abstract: Healthcare pay-for-performance programs use financial incentives to influence provider behavior toward improving quality of care and reducing costs. However, little is known about their efficacy. \nMotivated by theoretical considerations from physician agency, it is predicted larger amounts of financial incentive will be more effective in improving measureable physician performance and improving patient outcomes. \nUsing physician and patient-level panel data, the following study evaluates financial incentive effects in several key performance areas among physicians in a provider-based, pay-for-performance program. \nThere is suggestive evidence that financial incentives modestly improve measureable physician performance in technological infrastructure and clinical effectiveness quality domains. Also, it is suggested financial incentives improve diabetic outcomes in a primary care setting, particularly among physicians with lower baseline performance.
Source: Figshare
Author: Joseph Ornelas
Language: English
Subfield: Family Practice
Field: Medicine
Domain: Health Sciences
Open Access status: green
OpenAlex ID: W2324523070