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
Join Ken Cyr, Director of Supply Chain Consulting at Intalere, as he discusses how supply chain should be a strategic resource as part of an integr
On-Demand Educational Webinars
Management of inventory turns, reducing waste due to product expiration, and reducing inventory reconciliation adjustments are all possible thanks to…
Webcast
Roy Henry, strategic analyst from University of Miami, explores how clinical integration can evolve your supply chain while discussing the value of
Webcast
In today’s value based health care market, reimbursement is tied to patient outcomes.
Webcast
AHRMM presents a four-part series on successful collaboration with suppliers.
Supply Chain Strategies & Solutions Article
Having a platform that allows for accurate data capture and analytics enables savings opportunities for health systems.