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Low-Value Healthcare Remains Even Without Fee-for-Service Incentives
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An Editorial in the Journal of the American Medical Association Makes the Case that Low-Value Care Remains a Problem Even in the Absence of Fee-for-Service.
I Always Assumed if You Fixed Fee-for-Service, You Would Fix the Perverse Incentive to Do Too Much and Therefore, Fix Healthcare.
I Might Be Wrong.
Examples:
1) Canada Does NOT Have Fee-for-Service Healthcare and Still 30% of Their Seniors Receive at Least 1 of 10 Low Value Services.
2) Maryland Has Global Budgets for Hospitals--Not Fee-for-Service--And There Are Still High Rates of 19 Low Value Services.
3) The Veterans Administration Does NOT Have Fee-for-Service and 5%-21% of Vets Still Receive Low Value Testing.
The Authors Also Point Out That the TYPE of Low Value Service is Very Different from One Hospital or Physician Group to Another... Essentially, Unique 'Micro-Environments' of Waste.
The Authors Then Spell Out a 'Bottom-Up' Rather Than a 'Top-Down' Solution to Low Value Healthcare.
AHealthcareZ is 200+ Healthcare Finance Educational Videos.
AHealthcareZ Viewers Include: Employee Benefits Professionals, HR, CFOs, Insurance Brokers, Benefits Consultants, Doctors and Nurses in Leadership Roles, Hospital and Health System Administrators, Health Insurance Carrier and PBM Professionals, Pharma and Med Device Professionals, Academic Professors and Students in Healthcare Administration and Public Health.
90,000+ Views Per Month Across All Platforms.
Visit AHealthcareZ.com to Subscribe to the Healthcare Finance Video Newsletter.
I Always Assumed if You Fixed Fee-for-Service, You Would Fix the Perverse Incentive to Do Too Much and Therefore, Fix Healthcare.
I Might Be Wrong.
Examples:
1) Canada Does NOT Have Fee-for-Service Healthcare and Still 30% of Their Seniors Receive at Least 1 of 10 Low Value Services.
2) Maryland Has Global Budgets for Hospitals--Not Fee-for-Service--And There Are Still High Rates of 19 Low Value Services.
3) The Veterans Administration Does NOT Have Fee-for-Service and 5%-21% of Vets Still Receive Low Value Testing.
The Authors Also Point Out That the TYPE of Low Value Service is Very Different from One Hospital or Physician Group to Another... Essentially, Unique 'Micro-Environments' of Waste.
The Authors Then Spell Out a 'Bottom-Up' Rather Than a 'Top-Down' Solution to Low Value Healthcare.
AHealthcareZ is 200+ Healthcare Finance Educational Videos.
AHealthcareZ Viewers Include: Employee Benefits Professionals, HR, CFOs, Insurance Brokers, Benefits Consultants, Doctors and Nurses in Leadership Roles, Hospital and Health System Administrators, Health Insurance Carrier and PBM Professionals, Pharma and Med Device Professionals, Academic Professors and Students in Healthcare Administration and Public Health.
90,000+ Views Per Month Across All Platforms.
Visit AHealthcareZ.com to Subscribe to the Healthcare Finance Video Newsletter.
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