incentivise efficiency

incentivise efficiency

To provide a financial incentive—as may be done by the central (UK) government—to an organisation for providing a service or procedure below the National Tariff, allowing the organisation to retain the difference.
References in periodicals archive ?
Speaking at the Hospital Association of South Africa (HASA) conference in Cape Town this September, he said the main aims of pricing in a universal healthcare system were to control overall expenditure, incentivise efficiency and improve quality.
And they question a central tenet of the political debate about private versus public, that profits incentivise efficiency.