The system called Pay for Performance (P4P) is also known as which of the following?
A)Value-based purchasing (VBP)
B)Diagnostic related groups
C)Children's Health Initiative Program
D)Medicaid

Question

Quizplus · Accepted Answer

Pay for Performance (P4P) is also known as Value-based purchasing (VBP), which is a healthcare payment model that rewards healthcare providers for achieving specific performance goals related to quality, cost, and patient outcomes. B) Diagnostic related groups are a payment system used to classify hospital cases into groups that are expected to have similar resource use. C) Children's Health Initiative Program is a health insurance program aimed at providing low-cost health insurance to children in low-income families. D) Medicaid is a government program that provides healthcare coverage to low-income individuals and families.

The System Called Pay for Performance (P4P) Is Also Known