The Value-Based Purchasing Vaccine
How Pursuit of Nursing Excellence Inoculates Hospitals to Maximize Value-Based Purchasing Reimbursement
Nursing excellence is an essential piece of the reimbursement equation in the Accountable Care Act’s Value-Based Purchasing (VBP) program. VBP links a portion of the hospital’s reimbursement to patient satisfaction scores, clinical process measures and quality outcome measures. Nursing care contributes to almost every one of these measures. Now that money is attached to these measures, nursing value is vital. Nurses have the most contact with patients around the clock and are therefore in a unique position to impact their satisfaction and ensure their safety. Creating an environment of nursing excellence therefore has implications for hospital reimbursement.