QUALITY TODAY

A blog dedicated to advancing healthcare quality.

Here's How Nursing Homes Become Value-Based Performance Leaders

Posted by Rachel Verslues on May 26, 2016 10:00:00 AM

Value-based performance is about finding ways to improve the quality of care your nursing home delivers. Here are seven actions you can take that will allow you to maximize safety and efficiency, improve clinical outcomes, and earn financial rewards: 

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Topics: care coordination, nursing homes, value-based performance, value-based payments, EMR

Nursing Homes: How Ready are You for Value-Based Payments?

Posted by Rachel Verslues on May 19, 2016 10:00:00 AM

Truth: A lot of nursing homes are not prepared for the move from fee-for-service to value-based payments. The healthcare industry is moving quickly in the direction of value-based payments. But not all healthcare provider organizations are keeping up.

Where does your organization stand? Are you trying to get a leg up by actively working to make quality improvements, adjust clinical workflows and adopt new technology? Are you preoccupied with putting out the fires of today and not yet focused on potential penalties and losses that could come down the line a few years from now? Maybe you are somewhere in between? Below are a few questions to help you evaluate your organization’s preparedness for payment model changes.

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Topics: care coordination, nursing homes, quality improvement, value-based payments, EMR

3 Ways Nursing Homes Can Prepare for Value-Based Payments

Posted by Rachel Verslues on May 12, 2016 10:00:00 AM

Medicare’s Skilled Nursing Facility Value-Based Purchasing program is still a few years from launch. But that’s no excuse to sit back and wait for value-based payment mandates to kick in. In order to keep up with the healthcare industry’s movement to value-based reimbursements, nursing homes (and other healthcare organizations) need to be evaluating the quality of care they deliver, the health and satisfaction of residents, and the level of efficiency at which they operate – right now. You also need to be planning and taking steps to ensure you will be able to maintain financial stability under upcoming value-based programs that focus on quality, health outcomes, and cost.

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Topics: nursing homes, value-based performance, value-based programs, value-based payments, EMR

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