HHS launches value- based purchasing program. The Department of Health and Human Services (HHS) today launched a new initiative that will reward hospitals for the quality of care they provide to people with Medicare and help reduce healthcare costs. For the first time, 3,5.
SSE IFL launches Risk Management program in partnership with WHU; About us. It is about recognizing risk management as a tool for creating value.
CMS launches next phase of new Quality Improvement Program Date 2014-07-18. QIN-QIOs will also provide technical assistance for improvement in CMS value based purchasing programs. CMS Launches Health Care Payment Learning. Department of Health and Human Services (HHS). To help drive the health care system towards greater value-based purchasing — rather than continuing to reward volume. See also: HHS announces nationwide effort to reduce medical errors. As reported in the Daily Briefing, HHS on Friday launched its hospital value-based purchasing program, which will transform Medicare payments to better reward institutions for care quality and patient satisfaction.
This initiative helps support the goals of the Partnership for Patients, a new public- private partnership that aims to improve the quality, safety and affordability of healthcare. The Partnership for Patients has the potential over the next three years to save 6. U. S. Over the next 1. Partnership for Patients could reduce costs to Medicare by about $5. Medicaid savings. It’s an important part of our work to improve the health of our nation and drive down costs. The better a hospital does on its quality measures, the greater the reward it will receive from Medicare.
More technical information about the final rule, including the measures CMS has included in the program, as well as CMS’ scoring methodology, is included in a Fact Sheet posted on our Web page at: http: //www.