Jason Parker says: “There’s not going to be an easy way out of this financial crisis. There are always savings to be made and the majority of commentators are calling for greater efficiencies in the NHS. While I agree that this is really important, I also believe that the outdated payment system needs a complete overhaul.
“The Government needs to look at new ways of paying organisations to deliver healthcare. Currently the payment system rewards trusts by number of treatments or procedures instead of patient outcomes, and this is a ticking time bomb.
“A more sustainable model, like that used in New York’s Medicaid system, will reward healthcare providers for improving patient outcomes, not just doing lots of procedures. This will force providers to focus on prevention, and ultimately save money in the long-run.
"Competition is not helping. We need providers to work together to deliver services, and they need to be financially incentivised to do so."
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