Value-Based Payment Modifier

The Value-Based Payment Modifier (VBPM) is a payment system used in healthcare that adjusts the reimbursement a doctor or healthcare provider receives based on the quality of care they deliver, rather than just the volume of services provided. This means that providers who offer high-quality care and improve patient outcomes may receive higher payments, while those with lower quality care may face reductions in their payments. The goal of the VBPM is to encourage healthcare professionals to focus on delivering better care, ultimately improving overall patient health while controlling costs.