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Leap of Faith--Medicare's New Physician Payment System
Jonathan Oberlander1, Miriam J Laugesen
1From the University of North Carolina, Chapel Hill (J.O.); and Columbia University, New York (M.J.L.).
Abstract:
Medicare's new payment system reflects the movement toward value-based payment, which is built on the view that we can contain costs only by eliminating fee-for-service payment. But there are important problems with this belief and the reforms it inspires.
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