The SNF VBP (Value-Based Purchasing Program), begins Oct 1, 2018 and rewards Skilled Nursing Facilities with motivational payments for performance on reducing hospital re-admissions known as the Skilled Nursing Facility 30-Day All-Cause Readmission Measure (SNFRM).
The calculation is based on a facility’s re-hospitalization rate in Calendar Year 2017 or improvement from Calendar Year 2015 to Calendar Year 2017. The facility’s Medicare Payment rates may be impacted up to 2% for the entire year starting on Oct 1, 2018. #nursing #snf #snfvbp
Check the full article @harmonyhealthcare: https://www.harmony-healthcare.com/blog/value-based-purchasing-program-vbp-skilled-nursing-facility?utm_campaign=Blog&utm_content=72332937&utm_medium=social&utm_source=linkedin