The organization does not need to have value-based payments for every month of the look-back period. It reports:
- As the numerator: The value-based payments made during the look-back period, and
- As the denominator: All payments (including fee-for-service) made during the entire look-back period.
For example, the denominator is 12 months of all payments, but if there are 3 months of value-based payments in the look-back period, the numerator is the 3 months of value-based payments.