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The impact of Pay for Performance program - Assignment Example

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Masters
Author : carmenrussel
Assignment
Nursing
Pages 8 (2008 words)

Summary

This research will begin with the definition of meaning of pay for performance, compensation, benefits and entitlement; challenges associated with pay of performance strategy; measures taken for implementing pay of performance and review on a registered nurse position…

Extract of sample
The impact of Pay for Performance program

This essay discusses that there have been many different approaches applied before to ensure quality health care service in nursing homes. Two of the most used tools were the reimbursement system and the surveillance and enforcement system. The reimbursement system covered residential care and quality of life via payments to the providers in accordance with the standards set by the federal Nursing Home Reform Law, 1987. And surveillance and enforcement system made sure that these standards were met by the providers and if they are not, then to penalize them through penalties and fines until the deficiencies are corrected. However, for numerous reasons these systems did not prove to be effective enough in improving health care standards and simply too many residents suffered every day. Providers often complained that they were more or less underpaid to do a better job. Under these circumstances, agencies came up with ‘Pay for Performance’ program to ensure better health care facilities by rewarding nurses and physicians according to their performances and improving the overall standard of care they’ve been providing. Pay for Performance (P4P), is a growing program that encourages health care providers to provide better health care facilities by rewarding them on the basis of their performances. The program focuses on three key features namely: participation, achievement and rewards. Participation implies that all the employees of an organization participate and contribute beyond the standard levels. ...
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