Application of Healthcare and Financial Management Western Governors University

Application of Healthcare and Financial Management A1. VBP Degree of Implementation The Hospital Value-Based Purchasing (VBP) Program is a Centers for Medicare & Medicaid Services (CMS) incentive program that rewards acute care hospitals with performance-based payments for quality patient centered care provided to Medicare patients. The VBP program was authorized by the government from Section 3001(a) of the Affordable Care Act. This affects greater than 3000 acute care facilities for their inpatient stays, across the United States. Measuring and incentivizing patient care outcomes encourages healthcare facilities to be sure that they are making an effort to provide the highest level of care that is...