Measuring Outcomes And Efficiency InMedicare Value-Based Purchasing Medicare ’ s value-based purchasing plan could be a transformational agent of change

@inproceedings{Tompkins2009MeasuringOA,
  title={Measuring Outcomes And Efficiency InMedicare Value-Based Purchasing Medicare ’ s value-based purchasing plan could be a transformational agent of change},
  author={Christopher P. Tompkins and Aparna R. Higgins and Grant A. Ritter},
  year={2009}
}
The Medicare program may soon adopt value-based purchasing (VBP), in which hospitals could receive incentives that are conditional on meeting specified performance objectives. The authors advocate for a market-oriented framework and direct measures of system-level value that are focused on better outcomes and lower total cost of care. They present a multidimensional framework for measuring outcomes of care and a method to adjust incentive payments based on efficiency. Incremental reforms based… CONTINUE READING