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Press Release
April 24 , 2008
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Medicare
Reimbursement:
Details and Insight Into CMS’ Hospital Value-Based Purchasing
Program and The Coming New Plan Changes for FY2009
Live 90-Minute Audio Conference
Scheduled for Thursday May 29, 2008 from
1:30-3:00 pm ET
FOR IMMEDIATE RELEASE
Date: April 24, 2008
Contact: Rebecca Stodolak
Phone: 800-516-4343
MANASQUAN, NJ -- April 24, 2008: Value-based purchasing
(VBP), which links payment to performance, is a key policy mechanism
that the Centers for Medicare and Medicaid Services (CMS) is proposing
to transform Medicare from a passive payer of claims to an active
purchaser of care. VBP includes the principles of
pay-for-performance, gainsharing, and other quality
measures.
Through a number of public reporting programs, demonstration projects,
pilot programs, and voluntary efforts, CMS has already launched VBP
initiatives in hospitals. Building on the foundation of Reporting
Hospital Quality Data for Annual Payment Update (RHQDAPU), CMS
recommends replacing the current quality reporting program with a new
program in FY2009 that would include both public reporting and
financial incentives for better performance as tools to drive
improvements in clinical quality, patient-centeredness, and
efficiency.
A portion of hospital payment will be contingent on actual performance
on specified measures, rather than simply on a hospital’s
reporting data for these measures.
How will past CMS initiatives influence the final hospital VBP FY2009
program? And is Medicare P4P here to stay?
Join Healthcare
Reimbursement Monitor to hear the overview of
Medicare
Hospital VBP program plans. And hear the results to date for the
Premier Hospital Quality Incentive Demonstration Project (HQID), the
first national project of its kind that is impacting future CMS plans.
Attend "Medicare Reimbursement: Details and Insight Into CMS’
Hospital Value-Based Purchasing Program and The Coming New Plan Changes
for FY2009," a 90-minute live audio conference and webinar scheduled
for Thursday, May 29, 2008 from 1:30 - 3:00 pm EDT
Presenters include Dr. Tom Valuck, Director, Special Program Office for
Value-Based Purchasing for the CMS; Blair Childs from Premier, Inc.;
and Beth Feldbush from the American Hospital Association.
Register for this audio conference to hear:
- Overview of the CMS’s
recent
Hospital VBP Plan Report to Congress
- Insight from Premier’s
Hospital Quality Incentive Demonstration (HQID) pay-for- performance
project with CMS
- Details on the potential
“Performance Assessment Model” that incorporates
measures from different quality “domains” to
calculate a hospital’s “Total Performance
Score”
- Translating of the VBP Total
Performance Score into an incentive payment
- The potential for a phased
approach to
transitioning from RHQDAPU to VBP
- Redesigned data submission and
validation infrastructure to support the VBP Program requirements.
- How the Hospital Compare website
will
be enhanced to support expanded public reporting of performance results.
- Details on the CMS the
hospital-acquired conditions payment provision
- Implications of findings for
healthcare consumers and the nation's healthcare system
- Reaction from the American
Hospital
Association on recommended changes in FY2009
- Live question and answer session
How to Register
To register for "Medicare Reimbursement: Details and Insight Into
CMS’ Hospital Value-Based Purchasing Program and The Coming
New Plan Changes for Y2009," visit: http://www.healthresourcesonline.com/edu/medicarevbp.htm,
call (800) 516-4343, or e-mail orders@healthresourcesonline.com
Cost of the conference is $247 per site if registered by May 23 (and
$297 after). A CD will also be available for purchase for those unable
to attend the live conference. For further details and other pricing
options, visit:
http://www.healthresourcesonline.com/edu/medicarevbp.htm.
Address: The
Managed Care Information Center, 1913 Atlantic Ave., Suite F5,
Manasquan, NJ 08736; (732) 292-1100, www.themcic.com
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