Physicians' financial incentives in five dimensions: A conceptual framework for HMO managers

Authors
Magnus, SA
Citation
Sa. Magnus, Physicians' financial incentives in five dimensions: A conceptual framework for HMO managers, HEAL CARE M, 24(1), 1999, pp. 57-72
Citations number
71
Categorie Soggetti
Public Health & Health Care Science
Journal title
HEALTH CARE MANAGEMENT REVIEW
ISSN journal
03616274 → ACNP
Volume
24
Issue
1
Year of publication
1999
Pages
57 - 72
Database
ISI
SICI code
0361-6274(199924)24:1<57:PFIIFD>2.0.ZU;2-D
Abstract
A conceptual framework for HMO managers who are evaluating physicians' fina ncial incentives proposes that the incentives vary along five dimensions: ( 1) the percentage of the physician's income at stake, (2) the organizationa l level, (3) the synergy between multiple financial incentives, (4) the syn ergy between financial and nonfinancial incentives, and (5) signaling effec ts. Managers can apply this framework to assess the intensity of physicians ' financial incentives and to devise better incentives.