SI PPS is excited to announce the launch of its Value Based Payment Resource Center. These resources will be hosted on the SI PPS website and support our overall initiative to educate and prepare our Partner Network for the transition from “fee-for-service” to “value based payments,” including the SI PPS VBP Education Program. In most cases, siloed providers in New York are paid through payment models known as “fee-for-service.” This means that providers working independently are paid based on volume instead of quality. By 2020 a transition from fee-for-service to value based payments (VBP) will occur as mandated by the New York State Department of Health. The transition to VBP will reform today’s payment models to improve patient outcomes and lower overall cost.
Our VBP Resource Center will:
aggregate material presented and distributed through our education sessions
include additional information deemed particularly useful
serve as a simple one-stop shop for our partners to build a foundational and common understanding of VBP
prepare organizations for VBP accordingly
Our DSRIP programs are aimed at improving health outcomes and patient experience. The transition from the current fee-for-service model to value based payments will be the next step that sustains DSRIP initiatives. Be sure to leverage our VBP Resource Center and engage with the SI PPS Value Based Payment Education program! SI PPS will be rolling out additional materials and topics throughout 2018. Visit www.statenislandpps.org/value-based-payment/ to learn more!