(2013-10-18) Richardson, Samuel Starr; McGuire, Thomas G.; Rosenthal, Meredith; Chandra, Amitabh
Quality-based payment in healthcare—also known as pay-for-performance—is a popular policy intervention aimed at improving healthcare quality. However, there has been little theoretical work characterizing the underlying quality problem or the interaction between pay-for-performance and existing payment mechanisms. Furthermore, there is little empirical evidence that pay-for-performance has a substantial effect on healthcare quality.
