Healthcare – Value based purchasing (VBP)
A measure of healthcare inpatient performance and improvement. Value based purchasing (VBP) is a US Medicare initiative to shift payment from a pay for reporting system to one that would reward for performance and improvement. Under the programme, a portion of Medicare reimbursement for those hospitals paid under the Inpatient Prospective Payment System (IPPS) would be held out as incentive payments, and higher performing or improving hospitals would receive a higher payment with lower performin
BPIR Categories
15.2.4 Service performance e.g. quality/delivery/value
15.3.1 Financial performance