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Hospital Value-Based Purchasing
October 12, 2011
Presented by the Mississippi Hospital
Association
Section 3001 of the Patient Protection and Affordable Care Act amended Section 1886 of the Social Security Act to establish a budget-neutral program to compensate hospitals for performance against certain quality measures. Known as the Hospital Value-Based Purchasing (VBP) Program, the Hospital VBP program is scheduled to begin in fiscal year 2013, applicable to payments for discharges occurring on or after October 1, 2012. The Centers for Medicare and Medicaid Services (CMS) has clearly said that its goal has been to transform Medicare from a passive payer to an active purchaser of quality health care for its beneficiaries.
CMS views value-based purchasing as an important step toward revamping how care and services are paid for, moving increasingly toward rewarding better value, outcomes, and innovations instead of merely volume. This informative webinar will be lead by HORNE valuation services team member Greg Anderson and Sharon Walden.
This webinar will:
- overview the quality metrics associated with the Hospital VBP program
- simplify the complex calculations associated with the financial incentive provisions
- help participants better plan for the upcoming implementation
If you have questions about the topic of this webinar, please contact HORNE Health Care Valuation Director and Partner Greg Anderson at greg.anderson@horne-llp.com
For information on this webinar, contact the Mississippi Hospital Association at 800.289.8884.
