Since 2012 the Centers for Medicare and Medicaid Services has incentivized hospitals to improve patient care and minimize costs under the Hospital Value-Based Purchasing (VBP) Program. Due to VBP’s cost neutral design, many hospitals are struggling to be rewarded rather than penalized.
An extensive three-year study by the Rockburn Institute in partnership with Wolters Kluwer has found hospitals using point-of-care tools realized higher CMS performance measures, including an average higher VBP performance score.
This white paper illuminates the impact on hospitals, and explores how:
- Point-of-care tools can help improve VBP scores
- To optimize revenue and improve reimbursement
- To support the value and use of point-of-care tools in a clinical setting to help healthcare professionals effectively balance patient-centered, high-quality care delivery and cost minimization