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We found 5 dictionaries that define the word pay for performance:

General (2 matching dictionaries)
  1. pay for performance: Longman Dictionary of Contemporary English
  2. Pay-for-Performance (Federal Government), Pay-for-performance (Investment), Pay for performance (disambiguation), Pay for performance (healthcare), Pay for performance (human resources), Pay for performance: Wikipedia, the Free Encyclopedia

Business (1 matching dictionary)
  1. MoneyGlossary.com (No longer online)

Computing (2 matching dictionaries)
  1. Pay for performance, pay-for-performance, Pay for performance: Encyclopedia

Definitions from Wikipedia (Pay for performance)

noun:  In the healthcare industry, pay for performance, also known as "value-based purchasing", is a payment model that offers financial incentives to physicians, hospitals, medical groups, and other healthcare providers for meeting certain performance measures.

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