Getting the Next Version of Payment Policy “Right” on the Road Toward Accountable Cancer Care

Michael Chin Worcester

The economist’s view of physician behavior is one in which the practice of medicine is motivated by tradeoffs among income, conscience, and leisure, with perhaps a nod to training or practice norms . As much as physicians might find such a caricature distasteful and inconsistent with their core beliefs and practices, empirical evidence supports the basic elements of this model of physician behavior . Moreover, policy makers have relied on this model to develop physician payment policies that attempt to balance the interests of physicians, patients, and payers.

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