
|Articles|January 15, 2013
NYC System Unveils P4P Plan; Doc Union Wary
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Just months after the CMS launched its value-based purchasing program, the nation's largest public hospital system has announced its own pay-for-performance project, which will tie physician bonus payments to patient-satisfaction scores, readmission rates and other metrics.
Fourteen-hospital New York City Health and Hospitals Corp. said the program will award up to a total of $59 million in incentives over three years to its 3,500 affiliated physicians.
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Source: ModernHealthcare.com
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