Financial Incentive

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Financial Incentive

An incentive to do something because it is less expensive than not doing so. For example, a company may have a financial incentive to open a factory in Town A instead of Town B because Town A's property taxes are lower.
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In addition, the PO must be cognizant of the liability issues related to provider financial incentives, as well as the antitrust, Stark II, and state insurance/regulatory implications of forming and operating an organization of physicians for purposes of taking risk.
As a result, some industry analysts say the tools of managed care, such as capitation and financial incentives, are no longer effective in controlling costs.
Both new buildings and portions within new buildings are eligible for these technical assessments and financial incentives, as are substan tial renovations.
Some officials and critics say state and federal laws create financial incentives for taking children from their parents because county government receives $30,000 to $150,000 annually in state and federal funds for each child placed in foster care.
The Financial Incentives scheme operated by Darlington Borough Council works with local partners to make funding available to help businesses at various stages of their development and expansion.
More specifically, based on our literature review we hypothesized seven critical dimensions of provider attitudes related to quality targets and incentives: (1) awareness and understanding of the incentive program, (2) salience of the financial incentives, (3) clinical relevance of the quality targets, (4) control over the resources needed to achieve the quality targets, (5) fairness in the administration of the incentive program, (6) frequency and nature of performance feedback provided, and (7) possible unintended consequences associated with the pursuit of the quality targets.
Last November, Benoit Turibe, Renault Middle East marketing director, also suggested drivers should be given financial incentives.
Eligible companies can receive financial incentives worth up to 50 percent of project costs towards modernizing current systems with high-efficiency equipment.
Financial incentives included an additional monthly monetary award that was over and above the nurse's base salary.
RESEARCH has shown that financial incentives are the best way to get people to give up smoking.
Jim Warren: After reading the Wall Street Journal and the comments/reactions that came in and proposals on how to address the issues of financial incentives, where do you see this issue heading?
Some experts say these rewards parallel the working world, where financial incentives are often given to employees who work harder or better.

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