Noteworthy News

Archive for October, 2012


Medicare Value-Based Purchasing Program Launches Today

With the start of the new federal fiscal year, Medicare today launches its value-based purchasing program. Under the program, Medicare will withhold one percent of its payments to hospitals and then, depending on their performance under a defined set of performance standards and patient satisfaction surveys, it will keep the one percent as a penalty, return some or all of it, or pay hospitals a little extra. In a June 25 letter to the federal Centers for Medicare & Medicaid Services (CMS), which administers Medicare, the National Association of Urban Hospitals (NAUH) expressed strong reservations about the value-based purchasing program, [&hellip

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