Is Value-Based Purchasing Actually Improving Patient Experience?

By Tod Baker | Dec 1, 2016 6:00:00 AM

Value-based purchasing (VBP), or the shift away from reimbursing healthcare providers for the volume of care that they provide to the value of care that they provide, is a patient-centric model designed to improve the efficiency and experience of the delivery of healthcare services. VBP is based on the Centers for Medicare & Medicaid Services’ (CMS) guidelines for VBP, or the Triple Aim, which looks to improve:

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How Value-Based Purchasing Is Shifting Hospital Reimbursements

By Tod Baker | Oct 26, 2016 6:59:53 AM

As the healthcare landscape continues to evolve in the United States, value-based purchasing has come to the forefront leading how hospitals approach care and factor reimbursement. Understanding value-based purchasing (VBP) is imperative to controlling costs and, moreover, creating a patient experience that impacts health outcomes as well as a provider’s bottom line.

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Physician Referral Management: How to Maximize Your Efforts With Data

By Tod Baker | Aug 9, 2016 7:30:00 AM

Physician referral management is as important as any other business function of a physician practice-- and even more so--now that value-based reimbursement is in place. Under the best of circumstances, referrals should provide a steady influx of patients and a steady source of income. That’s why it’s essential to take the time to study the data related to referrals.

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The 3 Components to Effective Value Based Purchasing Implementation

By Tod Baker | Jul 14, 2016 6:00:00 AM

Value-based purchasing has given providers the herculean task of finding ways to simultaneously improve healthcare outcomes while lowering costs. For most, this will require forming networks or accountable care organizations, as a team of providers is better able to meet the difficult demands of value-based purchasing.

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Get Ready for 2017: 5 Reasons Why Value Based Care Isn't Going Away

By Tod Baker | Jun 17, 2016 12:29:25 PM

There is no escaping the changes or the difficulties that value-based care will bring to healthcare reimbursement. As the regulations continue to be issued and time unfolds, many physicians and hospitals are likely wishing it would all go away. But it is not.

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Healthcare and Value Based Purchasing: Why It's a Win For Everyone

By Tod Baker | Jun 7, 2016 6:00:00 AM

 

The cost of American healthcare has been escalating for decades, crushing the economy.

The Commonwealth Fund reports that the most recent data from the Organization for Economic Cooperation and Development shows the U.S. spent 17.1 percent of its gross domestic product (GDP) on healthcare in 2013. (That’s a crippling 20 cents on the dollar.)

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How to Get Started On Your Hospital Value Based Purchasing Program

By Tod Baker | May 24, 2016 8:10:00 AM
U.S. healthcare is rapidly converting to value-based purchasing (VBP)--and progressive financially-savvy healthcare organizations are following suit. A host of healthcare reimbursement reform is currently underway, aimed at improving care while containing costs. For hospitals, there’s no time to lose when it comes to setting up a VBP program. Read More >

7 Value Based Purchasing Measures You Need to Know for 2016

By Tod Baker | May 19, 2016 12:26:41 PM

Value-based purchasing (VBP) under the Medicare reimbursement model is all about the consumer (or the patient); how the consumer is treated, how well patients respond to treatments, and what the patient thinks of the entire care experience. Read More >

How To Prepare For Value Based Purchasing In 2016, 2017 and Beyond

By Tod Baker | Apr 4, 2016 7:20:00 AM

Value based purchasing (VBP) is a train barreling down the track toward healthcare providers and organizations, and the best way to avoid being crushed is to be prepared to jump on board. Read More >

Why Your Group Practice Isn't Prepared for Value Based Purchasing

By Tod Baker | Mar 31, 2016 9:10:00 AM

You've probably seen the announcement from the US Department of Health and Human Services (HHS) regarding plans to base Medicare reimbursements on quality benchmarks. As those implementation dates approach, at least 30 percent of payments are expected to depend on value by the end of 2016, rising to 50 percent just two years later. Read More >
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