C 162 Principles of Healthcare Business and Financial Management A1. VBP Degree of Implementation What is Value-Based Purchasing? Value-Based Purchasing or VBP is a program initiated by the Centers for Medicare and Medicaid Services. It is a measure by which a hospital is reimbursed according to how well the hospital has performed in providing quality care to Medicare recipients (Medical Learning Network, 2017) Value-Based Purchasing Program measures a hospitals performance according to the four domains namely safety which measures Catheter-Associated Urinary Tract Infection (CAUTI), Central Line-Associated Blood Stream Infection and, Clostridium difficile Infection (CDI) to name a few. The second is clinical care which focuses on Acute Myocardial Infarction, Congestive Heart...