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2023 Value Based Payment Reporting Requirements Technical Specifications ManualEmail Address: OHSQAVBP@health.ny.govNew York State Department of HealthLast Revised: February 2024T ABLE OF CONTENTS

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Understand the requirements and guidelines for value-based payment.

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Submit the completed value-based payment application to the appropriate organization or entity.

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Who needs value-based payment to support?

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Healthcare providers and organizations looking to improve patient outcomes and reduce costs.

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Insurers and payers interested in incentivizing quality care and rewarding providers for positive results.

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Government agencies seeking to promote value-based care initiatives and improve overall healthcare system performance.

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What is value-based payment to support?

Value-based payment to support refers to a payment model that rewards healthcare providers for delivering high-quality, efficient care.

Who is required to file value-based payment to support?

Healthcare providers and organizations participating in value-based payment models are required to file value-based payment to support.

How to fill out value-based payment to support?

Value-based payment to support can be filled out electronically through the designated platform provided by the governing body.

What is the purpose of value-based payment to support?

The purpose of value-based payment to support is to incentivize healthcare providers to improve patient outcomes and reduce healthcare costs.

What information must be reported on value-based payment to support?

Information such as patient demographics, treatment outcomes, and cost of care must be reported on value-based payment to support.

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