Lim, Jong Myeong; Moon, Ken; Savin, Sergei - 2021
The Hospital Value-Based Purchasing (VBP) Program is Medicare’s implementation of yardstick incentives applied to …’ individually optimal investment policies, we estimate the trajectory of quality improvements for each hospital, including its … more focused program tailored to hospital type. We find that increasing the size of the incentives from 2% to 4% would have …