Beginning in 2008, IBM, Wachovia, Novant-Presbyterian Healthcare, Belk and Duke Energy will reward physicians who provide quality care based on national standards. The five Charlotte, N.C. area companies have partnered with the Charlotte Health Care Collaborative in an effort to improve quality care for their workers.
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Companies like Verizon, General Electric, and Raytheon also have successfully implemented such pay-for-performance programs. If all goes expected, payouts will begin on Jan. 1, 2008.
The program guidelines are based on those recommended by Bridges to Excellence, a nationally recognized group that supports financial reward programs for doctors who meet certain standards of care.
The Bridges program recognizes evidence-based standards established by the National Committee on Quality Assurance, a nonprofit dedicated to improving health care quality.
Doctors who are NCQA certified have implemented best practices for at least a year before being admitted into the program.
"We wanted to pick up quality at the front end of the diagnosis to reduce emergency room costs on the back end," says Ches Gwinn, Health Care Collaborative project manager with Aon consulting.
Average rewards vary between $80 and $120 per patient, which can accumulate to a few thousand dollars or upwards of $50,000 per year.
