Earning Those Bonus Dollars
Our last;OPEN MINDS;national survey found that 42% of specialty provider organizations had one or more payer contracts that paid them a ‘bonus’ based on performance (see;Where Are We On The Road To Value? The 2023 Performance Management Survey). The question we didn’t ask is what percentage of those organizations actually got paid that bonus.
In our work with provider organizations around performance-based and value-based reimbursement models, there are two important factors in making performance-based incentive plans work.;The first is having data needed for the contract negotiation process—knowing . . .