Value for money: do financial incentives improve healthcare?

Value-Based Purchasing in Australia: Moving Forward

For this project, researchers investigated whether financial incentives improved the healthcare systems of countries across the world.

Aligning funding mechanisms in health care with rewards for improved performance has been a key policy internationally for several years.

This research examined existing evidence on pay for performance and shared savings models, with 80 studies of 44 schemes from 10 countries reviewed.

The researchers found that only half of schemes showed any positive effects, with their published research summarising the most effective design features.

Output

Scott, Anthony, Liu, Miao and Yong, Jongsay, 'Financial Incentives to Encourage Value-Based Health Care', Medical Care Research and Review, November, 2016

Investigators

Associate Professor Jongsay Yong