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Value Based Purchasing In Healthcare

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Value based purchasing in healthcare is quite the revolutionary idea. Payment is based on the value you receive as a patient. This ensures that hospitals strive for favorable patient outcomes. It has been proven that adverse events in health care and mortality rates are highly dependent on nursing staffing levels and their competence levels. Under value based purchasing, this out to change with skill mix level of nurses being increased and their services and quality increasing to meet the expected outcomes. Value based purchasing is intended to incentivize healthcare organization to improve their nursing staffing levels and improve their skill levels sot ensure quality patient care. The current healthcare model has high costs and low quality

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