Financial Incentives to Encourage Value-Based Health Care

Tax Incentives to Encourage

Much has been said about the importance of innovation, especially after the rise of globalization and implementation of more open markets. In this paper, we will show how innovation is linked to schools of thoughts that sought to explain and understand what would lead nations to reach a certain degree of long-term development, since the model of Joseph Schumpeter in the mid-1930s until Romer’s ...

Using financial incentives to promote shared mental health care.

OBJECTIVES To consider the most common primary care reimbursement structures, to identify incentives inherent in each, and to discuss how each could be used to encourage a shared-care approach to treating mental disorders at the primary care level. METHOD Three major financial reimbursement models--fee-for-service, capitation, and blended payment mechanisms--are examined. Each is considered i...

Financial Incentives to Stimulate Integration of Care

Introduction Chronic conditions are related to 60% of disability adjusted life years and account for 75% of total health care expenditure worldwide. The economic burden of chronic conditions is much larger when considering the costs of productivity loss and informal care. The threat that chronic conditions pose to population health and economies increase because of increasing prevalence and mul...

Improving Health Using Financial Incentives

The Theory of Value‐Based Payment Incentives and Their Application to Health Care

OBJECTIVES To present the implications of agency theory in microeconomics, augmented by behavioral economics, for different methods of value-based payment in health care; and to derive a set of future research questions and policy recommendations based on that conceptual analysis. DATA SOURCES Original literature of agency theory, and secondarily behavioral economics, combined with applied re...