Value Based Purchasing Summary

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Value Based Purchasing Summation: Barnett, Schroyer, Schwimer
This summation of the benefit of the DNP in Value Based Purchasing is a collaborative evaluation of responses to a Discussion Board posted by Dr. Roxanne Beckham on the University of Southern Indiana NURS 725 Black Board Site 2/13/18.
A summation of the comments posted regarding Value Based Purchasing (VBP) is being done and includes; a definition of what VBP is, who oversees VBP, and the role the Doctor of Nursing Practice (DNP) education plays in VBP collectively. VBP is a transition from fee for services to a service based on outcomes initiatives for patient care improvements. The program is overseen by the Centers for Medicare and Medicaid Services (CMS), however the concept
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These essentials focus on clinical scholarship, informational technology utilization, interprofessional collaboration, and population health management (American Association of Colleges of Nursing (AACN), 2006). Through application of these essentials, teamwork, collaboration, integration of systems and technology applications can be combined with the organizational goals, patient outcomes, reduction of waste, and quality improvements that are fiscally responsible (Aroh, Colella, Douglas, & Eddings, 2015). By utilizing the educational essentials in every aspect of the healthcare setting, the DNP can recognize what while quality comes as a cost, the return can be beneficial over the course of time, which may lead to bigger returns in VBP (Waxman, …show more content…
(September, 2017). Hospital Value-Based Purchasing. https://www.cms.gov/Outreach-and-Education/Medicare-Learning-Network-MLN/MLNProducts/downloads/Hospital_VBPurchasing_Fact_Sheet_ICN907664.pdf
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