A recent healthcare shift from a fee-for-service payment model to pay-for-performance focuses on value instead of volume, as doctors are paid based on patient outcomes as opposed to the number of patients a physician treats. Get Real Health Board of Director member Farzad Mostashari, M.D. believes pay-for-performance has profound implications for the future of healthcare service and is a win-win for both patients and doctors. He suggests the model will encourage doctors to spend more time with individual patients, therefore providing them with more information and incentive to change their health behaviors and experience better results. Check out Mostashari’s insights into pay-for-performance in the video below.
However, Mostashari does not see pay-for-performance as the be-all end-all for optimizing healthcare service. He recognizes the model’s flaws and that physicians are a long way away from where they need to be, but considers pay-for-performance a baby step toward the end goal of accountability for total cost and quality of care. Tune into Mostashari’s thoughts in the video below.