FINANCE: Sheffield CCG has commissioned a review of the value of introducing a different payment structure to the current payment by results system in place across the NHS.

According to board papers the ‘Capitated Outcomes Based Incentivised contract’ or COBIC “transfers the risk to a provider, creating the environment to allow them to innovate and profit from success provided they can manage costs and deliver the outcomes you want.”

A review of the musculoskeletal service in Sheffield commissioned by the CCG and carried out by Better Value Health Care and COBIC Solutions Ltd found that the COBIC system which focuses on outcomes and providers working together the CCG could save money on its contracts.

The CCG board is now considering whether introduce the new COBIC payment system to incentivise providers.