Hospital News, Research & Data Analysis
Rhode Island Hospital in Providence, RI, can earn VBP incentives by reducing MSPB costs by 6.1%
By: Sharath Joji Apr. 15, 2021
Rhode Island Hospital, Providence, RI, reported a CMS Value Based Purchasing (VBP) Adjustment Factor of 0.996 in the year 2021, which could result in an estimated penalty of $382,003. 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 Rhode Island Hospital during the period was 0/10. Dexur is an approved purchaser of CMS Medicare claims data and based on our simulator, we estimate that Rhode Island Hospital can avoid VBP penalties by reducing MSPB Costs by 6.1%. Read more