St. Bernards Medical Center in Jonesboro received a performance bonus payment from Arkansas Medicaid and Arkansas Foundation for Medical Care (AFMC) as part of the annual Inpatient Quality Incentive (IQI) program. The award was presented during the annual Arkansas Medicaid Educational Conference, Dec. 6 at Embassy Suites Little Rock.
A total of more than $3.3 million in performance bonus payments were made to 15 Arkansas hospitals for the 2017 IQI program, based on their successful performance in improving the quality of health care and patient outcomes that align with Arkansas Medicaid’s clinical priorities.
Arkansas Medicaid, the Arkansas Hospital Association (AHA) and AFMC worked together to develop the IQI, which has earned national attention for its innovative involvement with the health care community. IQI reflects a growing movement toward rewarding hospitals for commitment to quality and providing evidence-based care to their patients.
“The outstanding dedication of a growing number of Arkansas hospitals to improve their quality of care not only helps Medicaid patients, but also saves public dollars,” said William E. Golden, MD and Medical Director of Arkansas Medicaid. “Arkansas continues to be a national leader in quality improvement.”
Nationally standardized quality measures are selected by the IQI advisory committee, which is comprised of staff from hospitals, Arkansas Medicaid, AFMC and the AHA. Hospitals participating in IQI are required to collect and submit data on quality measures; data is independently verified. Hospitals must meet specific quality goals for at least 80 percent of eligible measures to receive bonus payments, which are adjusted annually to continually improve quality.
Throughout this year, the pay-for-performance program focused on quality measures that resulted in the following: