Based on information in the text (Kongstvedt, 2013), information from this week’s lecture notes (Oestmann, 2014), and research from at least three authoritative outside sources, write a 3- to 5-page paper that addresses the following:
•You have been asked by the board of directors for a report that evaluates whether or not to participate in a Pay-4-Performance incentive system. You may choose any type of organization and P4P program (real or hypothetical). Include:
◦Detailed information on accreditation requirements, utilization and quality metric requirements, and competitive analysis (benchmarking – costs vs. benefits)
◦Discussion relating to whether there is real value in participating in a P4P program for a healthcare organization of your choosing. When one considers the costs of accreditation requirements, claims administration/reporting requirements, and inability to directly influence the complexity of the patient population being treated, P4P is most certainly not cost beneficial to every type of healthcare organization.
Support your statements with evidence from the Required Studies and your research. Cite and reference your sources in APA style.