What Is PROMETHEUS?
Rewarding excellence, controlling costs: a realistic blueprint for fundamental change
PROMETHEUS was initially designed as an innovative model and has become the model for all of the bundled payment programs implemented in the United States today. It was based on a few simple concepts:
- Compensate physicians, hospitals and health systems fairly, and reward excellence by allowing top performers to earn more.
- Offer direct and powerful incentives for providers to deliver greater value and better outcomes.
- Encourage clinicians to work in teams, share information, and take collective responsibility for a patient's health.
- Provide a realistic framework to transform today's fragmented and inefficient system into one that is far more integrated and accountable.
By bringing economic incentives in line with the medical profession's strong desire to improve patient health, PROMETHEUS creates an environment where doing the right things for patients helps providers and insurers do well financially. And it does this without introducing new administrative burdens, or changing the way patients access care.
Provider Payment Reform for Outcomes, Margins, Evidence, Transparency Hassle-reduction, Excellence, Understandability and Sustainability
Since its early pilot days in 2006 and 2007, the PROMETHEUS Payment® model has led to the development of the PROMETHEUS Analytics® which embeds the same principles in its methods to analyze costs and quality of health care.