Pay-for-Performance or Pay for Value?

Smoldt, Robert K.; Cortese, Denis A.

doi:10.4065/82.2.210

Cited by 32 publications

(16 citation statements)

References 8 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…This was supported by Smoldt and Cortese, 17 who stressed the importance of sharing best practices to improve both quality and efficiency. Sautter et al 19 discussed 7 demonstration projects in the Rewarding Results program which is designed to improve hospital performance in the areas of patient safety, community benefit, and clinical quality.…”

Section: Pay-for-performancementioning

confidence: 97%

Is the Quality of Hospital Care a Function of Leadership?

Harrison

Coppola²

2007

The Health Care Manager

View full text Add to dashboard Cite

Multiple regression analysis was used to evaluate the relationship between hospital quality and independent variables of interest. While past studies have analyzed hospital efficiency to evaluate organizational performance, this study is unique because it evaluates the relationship between quality and efficiency. The study incorporates an independent variable, "efficiency," calculated using a variable returns-to-scale, input-oriented, data envelopment analysis methodology. This article provides an innovative approach to measuring cost and quality as the federal government attempts to realign scarce health care resources to better meet local community needs. Data for 143 hospitals in 2000 were analyzed using multiple regression and data envelopment analysis to evaluate hospital quality. These results have managerial implications related to improving hospital quality as well as enhancing organizational performance. The study has policy implications on the relationship between quality and efficiency and supports current initiatives related to pay-for-performance in the health care industry. This study clearly documents the positive relationship between quality and efficiency, which supports the premise that hospital leadership through the effective allocation of resources and development of high-performance work processes is important to improve quality of care.

show abstract

Section: Pay-for-performancementioning

confidence: 97%

Is the Quality of Hospital Care a Function of Leadership?

Harrison

Coppola²

2007

The Health Care Manager

View full text Add to dashboard Cite

show abstract

“…38 Value is defined as quality (outcomes) divided by costs. Value and efficiency, in this context, are synonymous.…”

Section: Quality Improvement: Adding Valuementioning

confidence: 99%

Invited Article: Neurology and quality improvement

Holloway¹,

Iverson²,

Dubinsky³

et al. 2008

Neurology

View full text Add to dashboard Cite

“…Most of these incentives target a mix of process and structural measures, with less emphasis on patient satisfaction and overall patient outcomes [18]. As stated in the Mayo Clinic Proceedings [20], these programs have varying payment approaches, but quality bonuses are common. Typically, payers give physicians and medical institutions an annual "bonus" or percentage for meeting a goal (such as prescribing angiotensin-converting enzyme inhibitors at hospital discharge for acute myocardial infarction) or withhold a small percentage of payment until the requirements are met.…”

Section: Pay For Performance Vs Pay For Valuementioning

confidence: 99%

Pay for value

Smoldt

2009

Information Knowledge Systems Management

View full text Add to dashboard Cite

Pay-for-Performance or Pay for Value?

Cited by 32 publications

References 8 publications

Is the Quality of Hospital Care a Function of Leadership?

Is the Quality of Hospital Care a Function of Leadership?

Invited Article: Neurology and quality improvement

Pay for value

Contact Info

Product

Resources

About