We use cookies, including third-party cookies from Google to serve personalized ads through AdSense, to operate this site and understand how it is used. By continuing to browse, you accept this use. See our Privacy Policy and Terms of Use for details, including how to opt out of personalized advertising.
Accept
Health Works CollectiveHealth Works CollectiveHealth Works Collective
  • Health
    • Mental Health
  • Policy and Law
    • Global Healthcare
    • Medical Ethics
  • Medical Innovations
  • News
  • Wellness
  • Tech
Search
© 2023 HealthWorks Collective. All Rights Reserved.
Reading: How Much do Financial Incentives Matter to Physicians?
Share
Notification Show More
Font ResizerAa
Health Works CollectiveHealth Works Collective
Font ResizerAa
Search
Follow US
  • About
  • Contact
  • Privacy
© 2023 HealthWorks Collective. All Rights Reserved.
Health Works Collective > Policy & Law > Medical Education > How Much do Financial Incentives Matter to Physicians?
BusinessMedical EducationPolicy & Law

How Much do Financial Incentives Matter to Physicians?

JohnCGoodman
JohnCGoodman
Share
2 Min Read
SHARE

In this experiment, medical students were paid under fee-for-service and capitated payment to treat hypothetical patients. Here is Austin Frakt on the study:

In this experiment, medical students were paid under fee-for-service and capitated payment to treat hypothetical patients. Here is Austin Frakt on the study:

Oh, before I get to the results, one more cool thing about the experiment. The physician (student) participants actually earn the money they generate from treatments prescribed in the experiment. Since there are no actual patients, the researchers included an incentive for the physicians to take patient concerns seriously by converting patient benefits into contributions to a charity that cares for real patients. Given the constraints of experimenting on actual people, I think this is a very cool design. Still, one might wonder how things might be different in the presence of real, flesh and blood patients.

  OK, about the findings:

More Read

HIPAA for Web and Mobile Developers and Designers
Obama Likely to Win the Birth Control Debate
Study: Comparative Data on Pharma Products Lacking from Previous Decade
Wallet Burn and the Nasty Side of Pay-per-Click Advertising
Stents for Stroke Prevention A Risky Proposition
  1. Payment systems matter. More services are provided under FFS than CAP. On average, patients receive more services than are optimal under the former and fewer than optimal under the latter.
  2. Patient health matters. That is, physicians do respond to how much treatment benefits patients. Still, under FFS, patients in good and intermediate health are over-served. Under CAP, patients in poor and intermediate health are underserved.
  3. Payment systems affect health (or patient benefit). Patients in good and intermediate health suffer losses under FFS due to overprovision. Patients in intermediate and poor health suffer losses under CAP due to under-provision.
  

TAGGED:healthcare businesshealthcare policymedical students
Share This Article
Facebook Copy Link Print
Share

Stay Connected

1.5KFollowersLike
4.5KFollowersFollow
2.8KFollowersPin
136KSubscribersSubscribe

Latest News

What Geographic and Specialty Variation Reveals About How Nursing Compensation Actually Works -- AI-generated illustration
What Geographic and Specialty Variation Reveals About How Nursing Compensation Actually Works
Career Nursing
August 27, 2026
Could Poor Ventilation Be Behind Your Afternoon Headaches?  -- AI-generated illustration
Could Poor Ventilation Be Behind Your Afternoon Headaches? 
Health
August 27, 2026
The Myth That Keeps People Stuck -- AI-generated illustration
The Myth That Keeps People Stuck
Addiction Recovery
August 25, 2026
What Hospitals Need to Know About EU MDR -- AI-generated illustration
What Hospitals Need to Know About EU MDR
Business Hospital Administration
August 18, 2026

You Might also Like

Schumer’s Completely Unhelpful Approach to Curbing Drug Shortages

December 8, 2011

Choose Wisely Takes Aim at Unneccessary Medical Tests. Shooting Blanks?

June 11, 2012
Public Health

Living Better with Diabetes

November 2, 2012
healthcare elderly
BusinessFinanceHealth ReformPolicy & LawPublic Health

The Human Side of the Sequestration

June 19, 2013
Subscribe
Subscribe to our newsletter to get our newest articles instantly!
Follow US
© 2008-2026 HealthWorks Collective. All Rights Reserved.
  • About
  • Contact
  • Privacy
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?