The idea of pay-for performance (P4P) is hardly new to the health care industry. Dating back to at least the early 1990’s, this model that uses financial incentives to reward and encourage high performance and quality care, has been used by both private and public sector health care organizations.
What is fairly new and certainly interesting is the evolution of payment and reimbursement structures that P4P has influenced. No longer a modest model used sparingly, P4P is now at the heart of health care reform, touching everything from bundled payments, the Centers for Medicare and Medicaid Services (CMS) Value-Based Purchasing (VBP) program, and the CMS’ Shared Savings program for Accountable Care Organizations (ACOs). The evolution of models following the P4P concept has called for health care organizations to move beyond the transactional approach of linking performance to financial incentives to a more strategic approach to the continuum of care that health care providers are now responsible for under the Affordable Care Act (ACA). Changing reimbursement structures are forcing all health organizations to rethink the way they do business and manage their talent.
Join us at TMA’s 6th Annual People in Health Care Summit as we learn how to proactively manage the implication of changing reimbursement structures. Learn new and innovative ways to build a patient centric organization where quality and cost consciousness is an inherent part of your DNA. You will not want to miss out on this three-day learning summit where you will benefit from best practices, case studies, tools and frameworks that will push the envelope and strengthen your talent management strategies so that your organization can increase its profits and avoid penalties.
Network with Speaker Faculty and Event Participants including:
C-Suite Executives, Vice Presidents, Directors, Managers and Team Leaders with responsibilities in:
Talent Acquisition & Recruitment
Engagement & Retention
Human Capital Strategy
Learning & Development
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