What is the performance measure

Reference no: EM133287570

Question - The Centers for Medicare & Medicaid Services (CMS) "Measures Inventory Tool" website contains a searchable database of hundreds of different performance measures. Pick one performance measure to discuss in your post. Once you have chosen a measure, please respond to the following discussion questions in your post

a. What is the performance measure and what system problem/concern does the performance measure address (e.g., unnecessary costs associated with unnecessary inpatient readmission within 72 hours of hospital discharge)?

b. Briefly describe the data source(s) used to calculate the measure (e.g., hospital discharge records) and describe what the measure tells us (e.g., the rate of patient readmission within 72 hours of hospital discharge).

c. In your opinion as an economist in charge of improving value for a managed care organization, would you recommend that your organization use the performance measure in practice? Why or why not?

d. Would you recommend that poor performance on the measure be tied to a financial penalty (e.g., hospital departments with relatively high 72-hour readmission rates get a 1% reduction in reimbursement for the next fiscal year)? Why or why not?

Reference no: EM133287570

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