Michigan's fee-for-value physician incentive program reduces spending and improves quality in primary care

Michigan's fee-for-value physician incentive program reduces spending and improves quality in primary care

Collection:
Health Policy and Services Research
Series Title(s):
In the literature (Commonwealth Fund)
Author(s):
Klein, Sarah, author
Contributor(s):
Commonwealth Fund, issuing body.
Publication:
[New York, N.Y.] : Commonwealth Fund, April 2015
Language(s):
English
Format:
Text
Subject(s):
Quality of Health Care
Reimbursement, Incentive
Cost Control
Primary Health Care -- economics
United States
Michigan
Genre(s):
Technical Report
Abstract:
An evaluation of one of the nation's largest "fee-for-value" initiatives demonstrates that physicians can control costs while improving their performance under a traditional fee-for-service arrangement. Primary care doctors who were offered financial incentives to form patient-centered medical homes and engage in quality improvement activities reduced spending by 1.1 percent on a per-member per-month basis compared with a control group. Performance on measures of preventive care and chronic disease management also improved. Spending increased initially, but declined by the program's second year of participation. This summary was prepared by Sarah Klein.
Copyright:
Reproduced with permission of the copyright holder. Further use of the material is subject to CC BY license. (More information)
Extent:
1 online resource (1 PDF file (2 unnumbered pages))
Illustrations:
Illustrations
NLM Unique ID:
101676212 (See catalog record)
Permanent Link:
http://resource.nlm.nih.gov/101676212