What is physician incentives?

Physician incentives refer to various compensation structures or rewards designed to motivate healthcare providers to improve patient care, efficiency, and overall health outcomes. These incentives can include financial bonuses, salary adjustments, or non-monetary rewards based on performance metrics such as patient satisfaction, adherence to treatment protocols, or quality of care. The goal is to align physicians' interests with the objectives of healthcare systems and improve the quality and efficiency of care delivery. However, poorly structured incentives can lead to unintended consequences, such as over-treatment or neglect of certain patient needs.