This past Saturday in New York City it was announced that a new program would be implemented in their public hospitals which would offer physician employees performance based bonus pay. This $59m program rewards physicians for acts such as improvement in patient satisfaction, reduction in readmission rates, ER triage times, and average hospital length of stay. How do you think that incentives to health care providers will enhance the? How else could that money have been spent to improve health care?
New York hospital corporation introduces performance related pay for 3500 physicians