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Pay for performance systems link compensation to measures of work quality or goals. Current methods of healthcare payment may actually reward less-safe care, since some insurance companies will not pay for new practices to reduce errors, while physicians and hospitals can bill for additional services that are needed when patients are injured by mistakes. [1]
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The insurance payment is further reduced if the patient has a copay, deductible, or a coinsurance. If the patient in the previous example had a $5.00 copay, the physician would be paid $45.00 by the insurance company. The physician is then responsible for collecting the out-of-pocket expense from the patient. If the patient had a $500.00 ...
Parkview Health, founded in 1878 as Fort Wayne City Hospital, is a network of 14 community hospitals and nearly 300 physician offices in northeast Indiana and northwest Ohio. Parkview Health is a not-for-profit healthcare system and the region's largest employer, with more than 16,000 employees. [ 1 ]
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LifeBridge Health is a nonprofit healthcare corporation that was formed in 1998 and currently operates several medical institutions in and around Baltimore, Maryland.These institutions include Sinai Hospital of Baltimore, Grace Medical Center (Baltimore, MD), Northwest Hospital in Randallstown, Carroll Hospital in Westminster, Levindale Hebrew Geriatric Center and Hospital, a fitness center ...