Small Rural Hospital Improvement Grant Program (SHIP)
Small Rural Hospital Improvement Grant Program
(SHIP) is coordinated through the Health Resources and Services Administration's Federal Office of Rural Health Policy (FORHP). SHIP provides funding to more than 1,600 participating hospitals in 47 participating State Offices of Rural Health (SORH) to help small rural hospitals participate in various Affordable Care Act (ACA) delivery system reforms, such as value-based purchasing programs, accountable care organizations and payment bundling.
The three key focus areas of SHIP activities include the following:
- Value-Based Purchasing (VBP) investment activities that support improved data collection to facilitate quality reporting and improvement
- Accountable Care Organizations (ACO) or Shared Savings investment activities that support the development or basic tenets of ACOs or shared savings programs
- Prospective Payment System (PPS) or Payment Bundling (PB) investment activities that improve hospital financial processes
The Iowa program was established per Iowa Code 135M.4 and Iowa Administrative Rule (Chapter 109)