Patient-based funding (PBF) is a healthcare funding approach that has gained international recognition by demonstrating a number of favourable outcomes including improved access to care, decreased healthcare costs, and higher quality care.
Economic theory proposes that the patient-based funding model reduces costs and improves quality through the use of financial incentives. These incentives are provided to healthcare institutions and/or healthcare providers to reward specific measurable outcomes such as increased volume of patient care activities and enhanced efficiency in care provision.
Leaders who demonstrate a vision and a commitment to PBF are considered key to successful PBF implementation, but to date little work has been completed in this area.
In a CHEPA seminar entitled Health care funding reform: Examining the issue through a different lens, McMaster nursing professor Pamela Baxter will present findings from a systematic review conducted on leaders’ experiences implementing PBF in acute care settings.
As well, she will describe findings from pilot work conducted throughout Ontario on this topic and share plans for a large mixed methods study.
Baxter has an R.N diploma from Mohawk College, a Bachelor of Arts (Sociology) from Wilfrid Laurier University, a Bachelor of Science (Nursing), a Master of Science (Clinical Health Sciences-Nursing), and a PhD from McMaster.
She is an associate professor in McMaster’s School of Nursing where she teaches in the undergraduate and graduate programs. Her research areas include health service delivery, leadership and management, and interprofessional collaboration.
The seminar will be held Wednesday Feb. 5 in CRL B119, from 12:30 p.m. to 1:30 p.m. All are welcome to attend. The seminar will be available remotely for those who are unable to attend.