VBC is a novel reimbursement methodology linking payment directly to the quality of care provided. It functions as a promising alternative to conventional fee-for-service reimbursement, rewarding healthcare providers for efficiency and effectiveness, as opposed to the sheer volume of services.
Grappling with the challenge of scattered provider data is like trying to solve a complex puzzle. This data isn't just a bunch of numbers and names; it's the heartbeat of top-tier healthcare delivery. Harnessing the power of technology to bring all this data under one roof can be a game-changer.
The Centers for Medicare & Medicaid Services (CMS) recently issued a proposed rule that would update the Medicare inpatient prospective payment system (IPPS) and long-term care hospital prospective payment system (LTCH PPS) for fiscal year (FY) 2024. The proposed rule affects the payment rates and policies for acute care hospitals and LTCHs that provide services to Medicare beneficiaries.