What does PBR mean in BRITISH MEDICINE
Payments by Results (PbR) is a payment system used by the UK government to fund various services in different sectors. It works by rewarding providers for achieving specified outcomes rather than for simply providing services.
PbR meaning in British Medicine in Medical
PbR mostly used in an acronym British Medicine in Category Medical that means Payments by Results
Shorthand: PbR,
Full Form: Payments by Results
For more information of "Payments by Results", see the section below.
Essential Questions and Answers on Payments by Results in "MEDICAL»BRITMEDICAL"
What is Payments by Results (PbR)?
Payments by Results (PbR) is a payment system used by the UK government to fund various services in different sectors. It rewards providers for achieving certain outcomes, rather than providing services.
How does PbR work?
Under PbR, providers are paid based on their success in meeting performance targets set out in the contract, such as improved quality of life or reduced costs. The amount of money a provider receives varies depending on how well they meet these targets.
Who administers PbR?
The Department for Work and Pensions is responsible for administering PbR, though responsibility may be devolved to other public sector bodies such as local authorities and NHS trusts.
How does PbR benefit service users?
By rewarding successful providers, PbR incentivises them to provide high-quality services with better outcomes for those using the service. This means that service users can expect to receive better quality care or advice from providers paid under the PbR system.
Final Words:
In summary, Payments by Results (PbR) is an innovative payment system which provides incentives for providers to deliver better outcomes, ultimately benefitting those who use the services they provide.
PbR also stands for: |
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| All stands for PBR |