Memorial Medical Center in Springfield, IL, can earn VBP incentives by reducing MSPB costs by 6.7%

In Memorial Medical Center in Springfield

No Image

By: Sampath Kumar  Mar. 30, 2021

Memorial Medical Center in Springfield, IL, reported a CMS Value Based Purchasing (VBP) adjustment factor of 0.9927 in the year 2021, which could result in an estimated penalty of $632,278. 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 Memorial 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 Memorial Medical Center can avoid VBP penalties by reducing MSPB Cost by 6.7%.

Read more