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The Role of Incentives in Changing the Behavior of Spinal Care Providers: A Primer on Behavioral Economics in Health
Alok D Sharan1, Gregory D Schroeder, Michael E West
1*WESTMED Spine Center, Yonkers, NY †The Rothman Institute at Thomas Jefferson University, Philadelphia, PA.
Abstract:
As spinal care transitions from individual practitioners working in a volume-based reimbursement system toward multidisciplinary health care organizations working in a population-based model with value-based reimbursement, it is critical that insurance companies, administrators, and spine care provider have a clear understanding of how incentives change physician behavior. This article will introduce the concept of behavior economics, and discuss 9 principles relevant to physician decision-making.
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