A recent NY Times article by Robert Spears entitled “Medicare Plan for Payments Irks Hospitals” talks about upcoming changes to the way Medicare pays out to hospitals based on performance.
As stated in the article “for the first time in its history, Medicare will soon track spending on millions of individual beneficiaries, reward hospitals that hold down costs and penalize those whose patients prove most expensive.”
It’s another take on pay for performance which can leave hospitals responsible for the cost of care rendered not only by them, but also by any doctors the patient sees after they leave the hospital.
We’d love to know what you think about this plan to “pay 4 performance”. Leave us a comment after you’ve read the article.