Other than (probably falsely, but if someone knows the truth please tell me) claiming that I was in the group that back in 1997 invented the expression in a health care context, THCB readers will also know that I am somewhat optimistic about the pay for performance concept. There’s a very good Wall Street Journal article about P4P in California on Firday, and luckily it’s been reprinted in a place where you don’t have to subsribe to the WSJ to get it, so go read it.