Think “quality, not quantity” as providers are reimbursed by CMS and private payers toward quality improvement in healthcare vs. quantity of visits. P4P is also sometimes referred to as “value based reimbursement.”
It keeps healthcare costs reduced while improving healthcare.
Additional payments available from P4P programs can average 7% of a physician’s compensation, although they can be as high as 30%.
Solid technology that measures services expended / outcomes realized…technology that can show quality vs. quantity…technology such as Medics!
Complete the Request Information form for more details on our Medics solutions for initiatives and incentives.