- This event has passed.
CHIBE/LDI Work-in-Progress Research Seminar: Jay Bhattacharya
February 14 @ 12:00 pm - 1:20 pm
Professor of Medicine
Director of the Program on Medical Outcomes
Director of the Center on the Demography and Economics of Health and Aging
“Value-Based Purchasing for Physician Services.”
Abstract: In order to control the growth of Medicare spending, the federal government has adopted a policy aimed at inducing physicians to form coordinated care organizations that assume part of the financial risk associated with low value care. At the same time, an alternative policy has focused on developing direct clinician levels measures of the value of care, and has tied these measures to physician payment. The alternative policy leaves in place the structure of fee-for-service payment, but superimposes value-based purchasing incentives. In this talk, I will argue that the latter structure, properly implemented, is much more likely to succeed in transforming American health care to emphasize high value care.
Jay Bhattacharya is a professor of medicine and a CHP/PCOR core faculty member. His research focuses on the constraints that vulnerable populations face in making decisions that affect their health status, as well as the effects of government policies and programs designed to benefit vulnerable populations. He has published empirical economics and health services research on the elderly, adolescents, HIV/AIDS and managed care. Most recently, he has researched the regulation of the viatical-settlements market (a secondary life-insurance market that often targets HIV patients) and summer/winter differences in nutritional outcomes for low-income American families. He is also working on a project examining the labor-market conditions that help determine why some U.S. employers do not provide health insurance. He worked for three years as an economist at the RAND Corporation in Santa Monica, Calif., where he also taught health economics as a visiting assistant professor at the University of California-Los Angeles. He received a BA in economics, an MD and a PhD from Stanford University.
LDI is co-sponsoring this event.