K-HEN First Quarter Incentive Payments Mailed Today
Friday, June 13, 2014 8:54 AM
The Kentucky Hospital Engagement Network (K-HEN) is providing a three-tiered incentive program for participating hospitals. The purpose of the incentive program is to encourage hospitals to submit data in a timely manner, complete at least one Harm Across the Board Report and achieve the overarching goals of the program – 40 percent improvement in outcome measures and 20 percent reduction in readmissions. Hospitals that already have very good outcomes will receive support for sustaining their excellent work. The funding should help offset financial burdens for engaging in increased data submission and/or support additional resources for quality improvement. Participating hospitals have the potential to receive a maximum of $6,000 in incentive funding.
The first quarter incentive payments will be sent out today. K-HEN has one hospital with full participation in first quarter data submission which has also completed a the tier two requirement of submitting a Harm Across the Board Report. There are 18 hospitals with full participation in first quarter data and 36 with minimum participation. Participating hospitals are making significant strides to meet the Centers for Medicare and Medicaid Services (CMS) 40/20 goal. Keep up the good work!
For more information about K-HEN, contact Donna Meador at KHA (502-426-6220 or 800-945-4542 or via email at email@example.com).