St. James Earns Top Performer Award from Medicare
February 28, 2012
St. James Healthcare has been named a top performer in a project conducted by the Centers for Medicare & Medicaid Services (CMS) and Premier Healthcare Alliance. The value-based purchasing (VBP) project rewards hospitals for delivering high-quality care in six different clinical areas. Of the 216 participating hospitals across the country, only the top 20 percent in each category receive awards.
Based on year six results from the Hospital Quality Incentive Demonstration™ (HQID) project, St. James received an award for Top Performance in Surgical Care as well as an Attainment award in the same area. Along with the awards, St. James will receive an incentive payment from Medicare of $8,700.
“Providing outstanding patient care is and has always been our primary mission,” said Chuck Wright, President and CEO of St. James Healthcare. “Our successes in this project are a testament to our ongoing efforts to improve care delivery.”
“This project tests the impact of economic incentives on quality,” said Susan DeVore, president and CEO of Premier, a healthcare quality and cost improvement alliance of more than 2,500 U.S. hospitals and 77,000-plus other healthcare sites. “Supporting the Affordable Care Act, HQID members will now have six years of experience in using a value-based purchasing model.”