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Healthcare leaders say add incentives and save money

Physician Practice Advisor, June 1, 2005

How can you save money when it comes to healthcare costs? Add incentives, according to healthcare leaders' responses to a survey for the Commonwealth Fund.

Fifty-seven percent of the 289 survey healthcare leaders who participated rated pay-for-performance as either extremely or very effective in reducing healthcare costs, in the e-mail survey conducted in April by Harris Interactive.

To prevent overutilization, 56% of respondents pointed to disease management programs and enhanced primary-care case management programs for patients with high-cost, chronic conditions are most effective.

Other findings respondents felt would be "extremely or very effective" at reducing costs:

  • 52% said evidence-based medicine
  • 41% said standardized insurance products and procedures
  • 46% said increased use of healthcare information technology
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