On April 13th, the New York State Department of Health released for public comment a draft application for the Value Based Payment (VBP) Innovator Program. This program will provide financial incentives to experienced VBP contracting providers who intend to participate in Level 3 or high-risk Level 2 Total Care for the General Population or Total Care for Special Needs Subpopulation VBP arrangements. A successful Innovator applicant will be able to receive up to 95% of the relevant managed care premium as a pass-through.
Attached is a summary of the draft application. Comments may be submitted to dsrip@health.ny.gov through May 12th. The draft application and other related documents are available here.