The Affordable Care Act (ACA) created a national quality strategy for the triple aim of better care, healthy people and communities, and affordable care.1 It also initiated a significant transition from fee-for-service to value-based care.
The ACA established 3 important INITIATIVES to improve care:
- Value-Based Purchasing Program (VBP)
- Readmissions Reduction Program
- Hospital-Acquired Conditions (HAC) Reduction Program
These initiatives require the Centers for Medicare and Medicaid Services (CMS) to reward and/or penalize hospitals financially for performance, readmissions and safety issues as outlined below. Click on this link to read more….
Thank you Eloquest for sharing!