payment reform

Payment reform refers to changes in how healthcare providers are compensated for their services, moving away from traditional fee-for-service models, where doctors are paid for each individual treatment or procedure. Instead, payment reform aims to incentivize high-quality care and better patient outcomes, often using methods like bundled payments, capitation, or pay-for-performance. These approaches encourage healthcare providers to focus on value and efficiency, promoting preventive care and reducing unnecessary procedures, ultimately aiming to improve patient health while controlling costs.