About This Blog
Welcome to Toward Accountable Payment, the official blog of the Medicare Payment Innovation Project. The project is an ongoing initiative to study provider payment reform and support organizations engaging in innovative payment programs.
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Last week, the Advisory Board’s Michael Koppenheffer wrote a provocative critique of Bill Keller’s recent New York Times op-ed, “Carrots for Doctors.” Anyone interested in physician performance improvement or accountable care will find both articles worth reading.
Exploring the role of incentives in performance improvement
As we have discussed in past blog posts and in The field guide to Medicare payment innovation, pay-for-performance programs have rapidly become a new reality for providers across the care continuum. Regardless of their future plans for bundled payments or ACOs, providers are now facing CMS’s mandatory Medicare contingent payment programs.
The 'fiscal cliff' deal's unexpected impact on physician P4P
As you may already know, CMS announced the FY 2013 Hospital Inpatient Value-Based Purchasing (VBP) program incentive payments on Nov. 1.
Recently, we’ve received a ton of inquiries about the VBP program, from basic structural questions such as, “What metrics are included in the program?” to those of a more strategic nature, “Should I really care about the impact of VBP?” This latter question is worth discussing, as we’ve talked to some hospital leaders that don’t think the VBP program is worth paying attention to.
CMS announces FY 2013 Inpatient Value-Based Purchasing program incentive payments