Expansion of Home Health Value-Based Purchasing (HHVBP) Model Expected to Create Over $6 Billion in Savings
U.S health care policymakers just announced their plans to expand the Home Health Value-Based Purchasing (HHVBP) Model.
January 12, 2021 – U.S health care policymakers just announced their plans to expand the Home Health Value-Based Purchasing (HHVBP) Model. This is a 9 state Medicare demonstration to align reimbursement quality of care and reimbursement. The model is currently active in Massachusetts, Maryland, North Carolina, Florida, Washington, Arizona, Iowa, Nebraska, and Tennessee, and has led to a 4.6% improvement in home health agencies’ quality scores, with $141 million in annual Medicare savings.
Based on these numbers, The Moran Company, a research and consulting firm based in Washington D.C., estimated that a nationwide HHVOP Model could result in $6.3 billion in savings over 10 years. They used the Congressional Budget Office (CBO) scoring methodology to come up with this estimate, and also predict that expanding the model would lead to better post-acute care outcomes for Medicare beneficiaries.
Click here to read the full report from the Centers for Medicare & Medicaid Services.
The VBP Blog is a comprehensive resource for all things related to value-based payments. We provide up to date news, informative webinars, and relevant blogs in the VBP sphere to help your organization find success.
Get even more VBP insights on LinkedIn & Twitter
More Trending Topics:
Humana Finalizes Deal to Acquire Wisconsin Managed Care Plan
Humana finalized a deal to acquire Inclusa, a Wisconsin managed care plan in a bid to bulk up its Medicaid services. Inclusa partners with more than 6,000 service providers across about 40 service categories.
CalAIM Community Supports Sees Slow Initial Roll Out
CalAIM launched in January 2022 and in this blog, we will take a look at the slow initial rollout of the Community Supports and how it is impacting individuals in need of service.
PHI Releases Strategic Plan to Address Direct Care Workforce Challenges Through 2025
As the nation’s leading authority on the direct care workforce, PHI promotes quality direct care jobs as the foundation for quality care. Their new strategic plan responds to the challenges and opportunities facing the direct care workforce through 2025
CMS Provides Roadmap to Connect Children With Complex Medical Conditions to Necessary Medicaid Services
The U.S. Department of Health and Human Services, through the Centers for Medicare & Medicaid Services (CMS), today unveiled guidance on a new Medicaid health home benefit for children with medically complex conditions.
Delaware Department of Health and Social Services Announces Companies to Operate Medicaid Managed Care Program
The Department of Health and Social Services (DHSS) announced today that it has selected three companies to operate its Medicaid Managed Care Program.
OhioRISE Program Launched This Month to Provide Specialized Managed Care to Youth with Complex Needs
As part of Ohio Medicaid’s effort to launch the next generation of Medicaid, ODM has launched OhioRISE (Resilience through Integrated Systems and Excellence), a specialized managed care program for youth with complex behavioral health and multisystem needs.
Value Based Care Stories
