HOSPITAL VALUE- BASED PURCHASING:Initial Results Show Modest Effects on Medicare Payments and No Apparent Change in Quality of Care Trends |
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| Author:
| Office, Government |
| ISBN: | 978-1-5393-9509-6 |
| Publication Date: | Oct 2016 |
| Publisher: | CreateSpace Independent Publishing Platform
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| Book Format: | Paperback |
| List Price: | USD $15.00 |
Book Description:
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The bonuses and penalties received by most of the approximately 3,000 hospitals eligible for the Hospital Value-based Purchasing (HVBP) program amounted to less than 0.5 percent of applicable Medicare payments each year. GAO found that safety net hospitals, which provide a significant amount of care to the poor, consistently had lower median payment adjustments-that is, smaller bonuses or larger penalties-than hospitals overall in the program's first three years. However, this gap...
More DescriptionThe bonuses and penalties received by most of the approximately 3,000 hospitals eligible for the Hospital Value-based Purchasing (HVBP) program amounted to less than 0.5 percent of applicable Medicare payments each year. GAO found that safety net hospitals, which provide a significant amount of care to the poor, consistently had lower median payment adjustments-that is, smaller bonuses or larger penalties-than hospitals overall in the program's first three years. However, this gap narrowed over time. In contrast, small urban hospitals had higher median payment adjustments each year than hospitals overall, and small rural hospitals' median payment adjustments were similar to hospitals overall in the first two years and higher in the most recent year.