Value Based Payment definition

Value Based Payment and “VBP” each means payment to a Provider that explicitly rewards the value that can be produced through the provision of health care services to CCO Members. VBP categories include, but are not limited to:
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Value Based Payment or “VBP” means reimbursement aimed at rewarding value (cost and quality), not volume (Fee-For-Service).
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Value Based Payment or "VBP" means a form of reimbursement that ties payments for care delivery to the quality of care provided and rewards providers for both efficiency and effectiveness. HCA defines Value Based Payments as payment arrangements in the CMS Health Care Learning & Action Network Categories 2c – 4b (see Exhibit 10 - CMS Framework for Value‐based Payments or Alternative Payment Models).
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Examples of Value Based Payment in a sentence

  • A Path Towards Value Based Payment, New York State Roadmap for Medicaid Payment Reform.

  • Eligible students are DDA clients who were born between 9/1/00 through 8/31/01, currently attending school and have completed an application to participate in this Value Based Payment project.

  • This requirement does not supersede the CCOs direct agreement(s) with providers, including but not limited to, alternative payment methodologies, quality and performance measures or Value Based Payment methods described in the CCO contract.

  • The last topic in the plan is for Infrastructure support for HCBS programs, involving HCBS Senior Policy Advisor, MMIS Enhancement for County Match Program, Procurement of HCBS Incident Management System, Studies to Evaluate HCBS Rates and Methodology, Study on Development of Value Based Payment Model for HCBS, Study to Improve Care for ABD Populations, Support for the American Recovery and Reinvestment Act of 2009 (ARPA) implementation, Support for Implementation of Self-Directed Program.

  • Letters must be on agency letterhead, and communicate an intent to participate in the Behavioral Health Value Based Payment Readiness Program.

  • Emission Standards for Diesel Engines for Power Plant, Generator Set Applications And Other Requirements (Environment (Protection) Third Amendment Rules 2002, vide G.S.R. 489 (E), dated 9th July, 2002 at serial no.

  • Ensuring Alignment between DSRIP Goals and Value Based Payment Deployment‌ Issue 2: How alternative payment systems deployed by MCOs will reward performance consistent with DSRIP objectives and measures.

  • The information can be from the applicant’s open part of MF or DMF (open part from the DMF holder).32s41-spec: Specification:Include drug products manufacturer specification and CofA supplied by the active ingredient’s (drug substance’s) manufacturer.

  • The State will be seeking input from CCO/HHs regarding the re-designation process and intends to work collaboratively with CCO/HHs and MMCPs on performance management processes, goals, and objectives.The State expects the quality measures used to monitor and manage CCO/HH performance will evolve over time, particularly as the I/DD population is moved to Managed Care and Value Based Payment (VBP) arrangements emerge.

  • Next on the ARPA is Infrastructure Support for HCBS Programs including HCBS Senior Policy Advisor, Medicaid Management Information System (MMIS) Enhancement for County Match Program, Procurement of HCBS Incident Management System, Studies to Evaluate HCBS Rates and Methodology, Study on Development of Value Based Payment Model for HCBS as well as a study to improve care for Aged, Blind and Disabled (ABD) populations.


More Definitions of Value Based Payment

Value Based Payment. (VBP) mean” means payment to a Provider that explicitly rewards the value that can be produced through the provision of health care services to CCO Members. VBP categories include, but are not limited to:
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Related to Value Based Payment

  • Deferred Payment means any severance pay or benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries) pursuant to this Agreement and any other severance payments or separation benefits, that in each case, when considered together, are considered deferred compensation under Section 409A.

  • Deferred Payments means any severance pay or benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries) pursuant to this Agreement and any other severance payments or separation benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries), that in each case, when considered together, are considered deferred compensation under Section 409A.

  • Index Related Payment Date means, in relation to any Indexand an IndexDetermination Date, any payment date under the Preference Shares for which the amount payable is calculated by reference to the Indexas determined on such IndexDetermination Date;

  • Reduced payment means a payment that is for less than the amount agreed upon in a subcontract in accordance with its terms and conditions, for supplies and services for which the Government has paid the prime contractor.

  • Deferred Payment Date for a Participant means the date after the Restricted Period in respect of Restricted Share Units which is the earlier of (i) the date which the Participant has elected to defer receipt of the underlying Shares in accordance with Section 4.5 of this Plan; and (ii) the Participant's Separation Date.

  • Specified Payment means any Permitted Acquisition, Investment, loan, advance, incurrence of or payment with respect to Indebtedness or other transaction made subject to satisfaction of the Payment Conditions or any component thereof.

  • Permitted Payment as defined in Subsection 8.2(b).

  • Report-based Disbursements means the Borrower’s option for withdrawal of funds from the Credit Account referred to in Part A.5 of Schedule 1 to this Agreement;

  • Performance-Based Cash Award means a cash Award under Article XI of this Plan that is payable or otherwise based on the attainment of certain pre-established performance goals during a Performance Period.

  • SOFR-Based Rate means SOFR or Term SOFR.

  • Incurrence-Based Amounts has the meaning assigned to such term in Section 1.07(b).

  • Excepted Payments means and include (i)(A) any right, title or interest to any indemnity (whether or not constituting Supplemental Rent and whether or not a Lease Event of Default exists) payable to either the Owner Lessor, the Lessor Manager, the Trust Company, or the Owner Participant or to their respective Indemnitees and successors and permitted assigns (other than the Indenture Trustee) pursuant to Section 2.3, 9.1, 9.2, 11.1 or 11.2 of the Participation Agreement, and any payments under any Tax Indemnity Agreement (provided that Excepted Payments shall not include any Periodic Rent) or (B) any amount payable by the Facility Lessee to the Owner Lessor or the Owner Participant to reimburse any such Person for its costs and expenses in exercising its rights under the Operative Documents or the South Point Ground Lease, (ii)(A) insurance proceeds, if any, payable to the Owner Lessor or the Owner Participant under insurance separately maintained by the Owner Lessor or the Owner Participant with respect to the Facility as permitted by Section 3(b) of Schedule 5.31 to the Participation Agreement or (B) proceeds of personal injury or property damage liability insurance maintained under any Operative Document or the South Point Ground Lease for the benefit of the Owner Lessor or the Owner Participant, (iii) any amount payable to the Owner Participant as the purchase price of the Owner Participant's right and interest in the Member Interest, (iv) all other fees expressly payable to the Owner Participant under the Operative Documents, (v) any payments in respect of interest, or any payments made on an After-Tax Basis, to the extent attributable to payments referred to in clause (i) through (vi) above; (vii) any amounts paid to the Owner Lessor as reimbursement for amounts expended pursuant to Section 20 of the Facility Lease; (viii) proceeds of the items referred to in clause (i) through (vii) above; and (ix) any rights to demand, collect, sue for, or otherwise receive and enforce payment of the foregxxxg amounts, including under the Calpine Guaranty, but without limiting clause (v) of this definition above.

  • Performance-based contracting means the structuring of all

  • Prime-based Rate means, for any day, that rate of interest which is equal to the sum of the Applicable Margin plus the greater of (i) the Prime Rate, and (ii) the Alternate Base Rate.

  • Make-Whole Payment means, with respect to any Series 2018-2 Note on any Optional Repurchase Distribution Date, the pro rata share with respect to such Series 2018-2 Note of the excess, if any, of (x) the sum of the Discounted Values for each Remaining Distribution Amount with respect to each Applicable Distribution Date over (y) the Series 2018-2 Invested Amount as of such Optional Repurchase Distribution Date (determined after giving effect to any payments made pursuant to Section 2.5(a) on such Distribution Date).

  • Permitted Payments has the meaning specified in Section 7.06(b).

  • Performance-Based Exception means the performance-based exception from the tax deductibility limitations of Code Section 162(m).

  • Permitted Payments to Parent means, without duplication as to amounts:

  • Performance-Based Awards means the Performance Share Awards and Restricted Stock Awards granted to selected Covered Employees pursuant to Articles 9 and 10, but which are subject to the terms and conditions set forth in Article 11. All Performance-Based Awards are intended to qualify as "performance-based compensation" under Section 162(m) of the Code.

  • Insured Payment means (a) as of any Distribution Date, any Deficiency Amount and (b) any Preference Amount.

  • Performance-Based Compensation means compensation qualifying as “performance-based compensation” under Section 162(m) of the Code.

  • Incentive-Based Compensation means any compensation that is granted, earned or vested based wholly or in part upon the attainment of a Financial Reporting Measure.

  • Insured Payments means, with respect to any Distribution Date, the aggregate amount actually paid by the Certificate Insurer to the Trustee in respect of (i) Insured Amounts for a Distribution Date and (ii) Preference Amounts for any given Business Day.

  • Restricted Payment Conditions is defined in Section 10.9.

  • Earnout Payment has the meaning set forth in Section 2.3(b).

  • Performance-Based Award means any Restricted Stock Award, Restricted Stock Units, Performance Share Award or Cash-Based Award granted to a Covered Employee that is intended to qualify as “performance-based compensation” under Section 162(m) of the Code and the regulations promulgated thereunder.