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.
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.
Related Resources
Podcasts
As UDI capture and exchange becomes more prevalent across the healthcare ecosystem and as implantable device information is linked to patient outco
On-Demand Educational Webinars
NYU Langone Health adopted High Reliability Organization (HRO) principles and developed a transformational approach in order to support clinical…
Webcast
Supply chain is in the unique position, working with so many different disciplines within the hospital, that it is natural that they initiate conve
On-Demand Educational Webinars
Resiliency in the operating room is imperative in today’s health care climate. A well-functioning OR has the potential to increase the number of…
Podcasts
AHRMM Podcast on how supply chain should be interdepartmentally conversing to determine the handling of human-origin medical products and their UDIs.
Webcast
In this three-part series, Lisa Tonkinson and Chris Wiekert discuss how the Revenue Cycle can impact your supply chain when embarking on a new soft