Question

Why does the patient experience matter in the calculation of rewards and penalties in valued-based purchasing?

Answer 1

Answer :

• In health care industry pay For performance also known as value based purchasing .
• It is a payment model that offers financial incentives to physicians ,hospitals ,medical groups and other health care providers For meeting certain performance measure .
• Pay For performance systems usually evaluate process quality and efficiency of care provided by health care providers .
• This provides payment For better care co ordination in hospital
• A set of 10 hospital quality measures which ,if reported to CMS will increase the payments that hospitals receive For each discharge. If care is not good, CMS reduces the payments .
• If payments are high For health care providers automatically care provided to patients is also high and recovery also fastly occurs .
• If the payments are low and health care burdon high , care providers are neglected to provide care ,automatically patient recovery is low and negative effects also will occur like disability , death etc .