gainsharing


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gainsharing

A financial collaboration between hospitals and health care professionals in which the parties agree to divide any benefits they achieve from increases in productivity or receipts or from decreases in costs.
References in periodicals archive ?
Perhaps the most comprehensive protection offered by the Stark law as it relates to gainsharing is the exception for bona fide employment relationships.
The Medicare Modernization Act of 2008 gave CMS the authority to conduct limited gainsharing demonstrations under Section 646.
section] 1395ww (2011); Medicare Program: Solicitation for Proposals to Participate in the Medicare Hospital Gainsharing Demonstration Program Under Section 5007 of the Deficit Reduction Act, 71 Fed.
Yet other companies needing concessions from a union, like AAM, sometimes can substitute a gainsharing plan and the bonuses employees earn under it for the concessions needed in guaranteed pay-rates.
Some companies, on the other hand, drag their heels on Gainsharing mainly because they are satisfied with their current, mediocre performance.
The centerpiece of NYF's performance management system is its gainsharing program, which we developed and implemented in 1998.
Gainsharing shares expense savings based on an improvement in the ratio of expenses to volume compared to the previous year.
Gainsharing helped TNC focus on quality principles.
When properly implemented, gainsharing integrates teamwork, communication, goal orientation and performance improvements into one system.
CSL GainSharing (TM) contractual model reduces client's out-of-pocket risk and drives both parties to focus on goal achievement.
Goodroe, who developed a widely replicated model for gainsharing earlier this decade, says ACOs bring hospitals and physicians together in a meaningful economic way to accept risk and deliver the best care possible.