VBP (VALUE-BASED PURCHASING)

A program established by the Affordable Care Act to promote better clinical outcomes for hospital patients as well as improve their experience of care during hospital stays. Incentive payments to hospitals for services provided will be impacted beginning in Federal Fiscal Year 2013 (Oct. 2012), based on either how well they perform on identified measures or how much they improve their performance on those measures compared to their baseline performance. The measures include patient experience (HCAHPS), Outcomes (HAC and Mortality), Care Measures, and Efficiency measures (MSPB), which are defined in this glossary.

Was this answer helpful ? Yes / No