Offering providers incentives is the best way to cut healthcare costs, according to a survey of healthcare leaders conducted for the Commonwealth Fund.
A majority (57%) of the 289 respondents to an e-mail survey of healthcare opinion leaders conducted in April by Harris Interactive rated pay-for-performance as either extremely or very effective in reducing healthcare costs.
To put a lid on overutilization, 56% of respondents indicated disease management programs and enhanced primary-care case management programs for patients with high-cost, chronic conditions are most effective.
Fifty-two percent of respondents said using evidence-based medicine would be extremely or very effective in reducing unnecessary costs. Some 41% of respondents said standardizing insurance products and procedures would be extremely effective or very effective.
Increased use of healthcare information technology was seen as extremely or very effective in reducing unnecessary services by 46% of those surveyed. Just 36% of respondents said making public provider cost and quality data would be similarly effective in reducing costs.