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Article: Medicare Picks N.J. to Test Innovative Incentive System.
- Article from:
- Managed Care Weekly
- Article date:
- August 31, 2009
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Twelve New Jersey hospitals and their participating physicians have received approval from the federal government to test an innovative new incentive method that aims to reduce healthcare costs while improving quality of care (see also Medicare and Medicaid).
The three-year trial program could serve as a basis to overhaul government payment for Medicare services nationwide.
"Rising healthcare costs are a growing burden for all of us," said NJHA President and CEO Betsy Ryan. "This is a bold test to see if we can redesign the failed system of the past and replace it with strategies that keep healthcare affordable while making it better and safer for ...