By: Sharath Joji  Mar. 31, 2021

Richmond University Medical Center, Staten Island, NY, reported a CMS Value Based Purchasing (VBP) Adjustment Factor of 0.9877 in the year 2021, which could result in an estimated penalty of $338,838. 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 Richmond University 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 Richmond University Medical Center can avoid VBP penalties by reducing MSPB Costs by 15.1%.