By: Sharath Joji  Jun. 11, 2021

Hackensack Meridian Ocean Medical Center in Brick Township, NJ, reported a CMS Value Based Purchasing (VBP) Adjustment Factor of 0.994 in the year 2021, which could result in an estimated penalty of $476,674. Medicare Spending Per Beneficiary (MSPB) accounts for 25% of overall VBP score and is a significant factor in driving VBP payments. MSPB costs include the costs from 3 days before hospitalization, index hospital stays, and 30 days post-discharge. The measure score of the Efficiency & Cost Reduction domain for Hackensack Meridian Ocean Medical Center during the period was 0/10. Dexur is an approved purchaser of CMS Medicare claims data and based on our simulator, we estimate that Hackensack Meridian Ocean Medical Center can avoid VBP penalties by reducing MSPB Costs by 8.1%.