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
White Papers
Learn how Baptist Health forged its traditional AP cost center into a cost savings driver.
On-Demand Educational Webinars
Join manufacturers, distributors and providers as we consider what demand planning looks like in an uncertain world.
Podcasts
Tariq Kahn, Materials Manager, Peri-operative Services, Montefiore Medical Center, discusses his “ah ha” moment of “I need your help”.
White Papers
Supply chain attributes inform critical supply availability and alignment with internal and external needs, integral to meeting pressures to deliver…
Webcast
Listen as Dennis Orthman of Access Strategy Partners explains how innovation is hindered by the barriers of competition and how to actively seek it
Podcasts
Listen as Dennis Orthman of Access Strategy Partners explains how innovation is hindered by the barriers of competition and how to actively seek it