Page 114 - CHHA Binder 2.3.20
P. 114

4/11/2019










                            What is Value-Based Healthcare?




                               Value-based care differs from a fee-for-service approach,
                                 in which providers are paid based on the amount of
                                 healthcare services they deliver. The “value” in value-
                                 based healthcare is derived from measuring health
                                 outcomes against the cost of delivering the outcomes.




                               Value-based payment also allows payers to increase
                                 efficiency by bundling payments that cover the patient’s
                                 full care cycle, or for chronic conditions.




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                             Why is Value-Based Healthcare important to VNSNY?

                            The home health quality reporting program (HHQRP) is a CMS initiative designed to capture
                            data from Home Health Agencies and develop standardized quality metrics for consumers to
                            view.






                                 VNSNY        Home Health    HH Star       Home Health
                                 OASIS Data   Quality        Ratings       Compare
                                              Reporting
                                              Program                       Aggregated
                                 Individual   (HHQRP)         Aggregated    data publicly
                                patient data  Aggregated data   data publicly   reported
                                             reported to CMS   reported
                                              and publicly
                                                reported

                                Excellent results of publicly reported metrics show that improved patient
                                           outcomes drive revenue and referral growth
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