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MCIC Press Release

April 24 , 2008

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


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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