Skilled Nursing News May 20, 2024
Operational and financial challenges can make it difficult for nursing homes and other health care facilities to transition to the federal government’s Value-Based Program (VBP), which ties payment to quality and outcomes.
An editorial published in JAMA Internal Medicine Monday expresses the need for more data and improved measurement of outcomes, better methods of financial management, and an easier and less expensive administrative process of enabling stakeholders, especially physician-owned practices, to get involved in VBP.
The Centers for Medicare & Medicaid Services (CMS) announced in 2021 its goal to use VBP for all Medicare beneficiaries’ health care by 2030. Since then commercial insurers have aligned their contracts to VBP.
“Paying for value rather than more health care is without any...
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