A reason to renovate: The association between hospital age of plant and value-based purchasing performance

This study evaluates the association between age of hospital infrastructure and VBP outcomes. Methodology Data on 1,911 hospitals from three sources (the American Hospital Association Annual Survey Database, the American Hospital Association DataViewer Financial Module, and the Centers for Medicare & Medicaid Services Hospital VBP Total Performance Scores data set) were evaluated. Age of health care facilities was represented by the “average age of plant” financial ratio. VBP performance was measured by an aggregate Total Performance Score composed of four equally weighted domains, including Efficiency and Cost Reduction, Clinical Care, Patient- and Caregiver-Centered Experience, and Patient Safety. We hypothesize that average age of plant is negatively correlated with each of these measures. Results Hospitals within the lowest quartile of average age of plant (0–8.13 years) were found to have a total Performance Score of 2.35 points higher than hospitals with a an average age of plant in the fourth quartile (14.63 years and above; R2 = 21.5%; p
Source: Health Care Management Review - Category: American Health Tags: Features Source Type: research