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: OIG Clears the Path for Physician Incentives
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 > Business > OIG Clears the Path for Physician Incentives
Business

OIG Clears the Path for Physician Incentives

DavidEWilliams
DavidEWilliams
Share
3 Min Read
SHARE

For health care reform to succeed (and for the nation to achieve fiscal balance) hospitals must shift their focus away from maximizing volume and reimbursement to improving quality and reducing cost. But change like this is hard, especially when it necessitates changes in the behavior of specialist physicians.

For health care reform to succeed (and for the nation to achieve fiscal balance) hospitals must shift their focus away from maximizing volume and reimbursement to improving quality and reducing cost. But change like this is hard, especially when it necessitates changes in the behavior of specialist physicians.

That’s why I’m pleased that the Office of the Inspector General (OIG) has determined that a hospital is allowed to offer bonuses to a cardiology group for reducing costs, improving quality, and increasing employee and patient satisfaction. There’s always a risk that financial incentives may be used for undesirable or fraudulent purposes but to me the risks are worth it in order to get the systemic change that’s so needed. The more that hospitals and physicians feel free to experiment with different, creative approaches without the fear of being imprisoned or fined the better.

In this particular example the 60 percent of the bonus is for cost reduction, 30 percent for quality improvement, and 5 each for employee and patient satisfaction. In a perfect world I’d like to see more weight on patient satisfaction but I do worry that if the number were too high it might lead to trouble, e.g., waiving co-pays the way car dealers used to give out free oil changes to people who let them fill out their consumer satisfaction survey.

More Read

Healthcare’s 2016 marketing trends to watch
How Physician Offices Can Improve Patient Health Care
China – Future Obesity Treatment Market
The Misconception That American Has The Best Healthcare In The World
NCOA Publishes 10 Senior Scams to Beware

In case anyone’s worried that OIG is getting soft, they did include some tough language in the opinion:

“Like any payment arrangement between a hospital and physicians who refer business to the hospital, payments purportedly intended to encourage quality improvements and cost savings might be misused by unscrupulous parties to induce limitations or reductions in care or to disguise kickbacks for federal healthcare program referrals.”

 

TAGGED:physician incentives
Share This Article
Facebook Copy Link Print
Share

Stay Connected

1.5KFollowersLike
4.5KFollowersFollow
2.8KFollowersPin
136KSubscribersSubscribe

Latest News

Charity Care Is Written Into Hospital Policy. It Rarely Makes It Onto the Bill. -- AI-generated illustration
Charity Care Is Written Into Hospital Policy. It Rarely Makes It Onto the Bill.
Business Hospital Administration
September 25, 2026
A Global Perspective on Medicine: Lessons Learned Across Borders -- AI-generated illustration
A Global Perspective on Medicine: Lessons Learned Across Borders
Medicines
September 23, 2026
KMG Psychiatry Discusses the Role of Self-Awareness in Mental Health  -- AI-generated illustration
KMG Psychiatry Discusses the Role of Self-Awareness in Mental Health 
Mental Health
September 23, 2026
Before Sterilization Begins: Why Bioburden Testing Matters -- AI-generated illustration
Before Sterilization Begins: Why Bioburden Testing Matters
Health Infographics
September 11, 2026

You Might also Like

The PCMH and Home Care Data: An Interview with Melissa McCormack

December 19, 2013
eHealthHospital AdministrationTechnology

How Predictive Analytics And Big Data In Healthcare Can Improve Care

September 1, 2018
Business

Navigating The Changing Landscape Of The Medical Marijuana Industry

September 14, 2019
outsourcing your RCM
BusinessFinanceHospital Administration

4 Key Signs It’s Time to Outsource Your RCM

January 28, 2015
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?