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Research Article Open access CC BY 4.0

Analysis of 3 Financial Models in the Health System: Pay-for-Performance, Results-Based-Budgeting, Capitation

Miguel Angel Serna Martínez, Beatriz Garnica Guerrero, María del Carmen López Zermeño, Pedro Rubén Negrete López, David Pérez Becker, Josefina Reynoso Vázquez, Olga Rocío Flores Chávez, Jesús Carlos Ruvalcaba Ledezma

Asian Journal of Medicine and Health · pp. 172–184 · Published 20 Dec 2024

10.9734/ajmah/2024/v22i121147

Abstract

In the field of health economics, there are constant challenges to balance the quality of health care with efficiency in financial management, making financial models essential in the allocation of resources in the health system. The models used were Pay-for-Performance, Results-Based Budgeting and Capitation. Each model has its own focus: Pay for Performance incentivizes quality and efficiency, Results-Based Budgeting allocates resources based on health outcomes, and Capitation involves fixed payments per enrolled patient. The benefits and challenges of each model are examined, highlighting differences in levels of financial risk, equity in resource allocation, promotion of preventive care, and alignment with health care objectives. It is concluded that there is no single ideal model, and its effectiveness depends on the specific context of each health system. The importance of maintaining a patient-centered approach and promoting collaboration to find effective solutions that ensure an equitable and efficient health system is highlighted.

Budgeting cost management financial models in healthcare pay for performance results-based capitation

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