DEFINITION of 'Oil Refinery' An industrial plant that refines crude oil into petroleum products such as diesel, gasoline and heating oils. Oil refineries essentially serve as the second stage in the production process following the actual extraction by oil rigs.
Value-Based Purchasing. Starting in October 2012, Medicare began rewarding hospitals that provide high-quality. care for their patients through the new Hospital Value-Based Purchasing (VBP) Program. Hospitals paid under the Inpatient Prospective Payment System (IPPS) are paid for inpatient. acute care services based on quality of careânot the volume of services they provide.
only be used for a beneficiary who is no longer within the first twelve months after the effective date of Medicare Part B coverage; and if he/she has not already received either an IPPE or an AWV within the past twelve months. Medicare pays for only one initial AWV per beneficiary per lifetime. Subsequent AWVâs (G0439) include a PPPS also. This code is to be used in the years subsequent to the