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BCBSM Pay-for-Performance Program

BCBSM Pay-for-Performance Program 2025

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The document outlines the certification process for CEOs/Presidents of hospitals participating in the 2011 Pay-for-Performance Program by Blue Cross Blue Shield of Michigan. It requires a review and attestation of quality indicators and patient safety practices, including safety assessments and improvement activities. The completed form must be submitted by January 16, 2012.

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How does pay for performance reward the provision of quality care?

Value-Based Purchasing (VBP) Linking provider payments to improved performance by health care providers. This form of payment holds health care providers accountable for both the cost and quality of care they provide. It attempts to reduce inappropriate care and to identify and reward the best-performing providers.

What are the two major categories of pay for performance models?

Types of Pay for Performance Models As we mentioned above, there are two primary types of pay for performance programs: merit and variable.

What is the pay for performance model of healthcare reimbursement?

Pay‐for‐Performance (P4P) is a payment model that rewards health care providers for meeting pre‐defined targets for quality indicators or efficacy parameters to increase the quality or efficacy of care.

What is a pay for performance program?

Pay for performance (P4P) is a payment structure that builds on an employees base pay when they meet or exceed measurable performance metrics. It is often seen as a fairer and more adaptive way to reward employees who put in great effort and get better results, compared to the traditional salary system.

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