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Translating Value-Based Purchasing into Value-Based Care

Year: 2021
Type: article
Abstract: High quality, collaborative and patient-centered care is essential in the modern healthcare industry.The Hospital Value-Based Purchasing (VBP) Program is a CMS initiative that rewards acute-care hospitals with incentive payments for the quality of care they provide to people.It is expected for the on-deck years that VBC will be practical and effective and help provide the organizational incentive necessary to recognize a need for change in the way healthcare business is currently conducted.There are several healthcare settings, but not all provide patient-centric care facilities.The valuebased care model invests many of its resources on the nursing staff, thereby creating a home-like ambiance for the patients.Nurses remain in direct communication with the patients at all times and monitor their health trends thoroughly.This develops a relationship of trust between the nursing staff and the patient.When nurses are welcoming and polite, the patients begin to feel that they are being cared for, which helps them recover faster.
Language: English
Field: Medicine
Open Access status: diamond
OpenAlex ID: W3173792016
FWCI:
Cites: 2
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Related to: 10