Value Based Purchasing Awareness Brief

This Awareness Brief provides a high level summary understanding of value based purchasing. The Hospital Value Based Purchasing (VBP) Program adjusts hospitals’ payments based on their performance in four domains that reflect hospital cost, quality and outcomes. This calendar year, 2016, is the Performance Measurement Period for the FY 2018 VBP Program. The FY 2018 Program’s Total Performance Score (TPS) is comprised of four domains that will all be weighted equally at 25%: the Patient and Caregiver-Centered Experience of care/Care Coordination (PCCEC) Domain, the Clinical Care Domain, the Safety Domain, and the Efficiency and Cost Reduction Domain.

 

Download the brief
for a high level summary of the value based purchasing program, its four components broken down into additional detail, as well as supplementary information by component provided for the supply chain professional.

 

Download Now

Related Resources

Case Studies
Learn how Rush University Medical Center took an innovative approach to cost reduction and achieved a 21% reduction in the hospital’s shoulder…
This white paper explores the importance of balancing health care supply sourcing through both domestic and international suppliers, the benefits and…
On-Demand Educational Webinars
In this two-part webinar, professors from top supply chain management degree programs share perspectives on the current landscape, trends and future…
Webinars
Explore common indirect spend risk considerations and prepare to take steps to introduce resiliency within indirect spend categories.
Blog
Read a sponsored blog from Owens…