RevCycle Intelligence October 28, 2016
Organizations should implement performance-based compensation and data analytics tools to boost value-based care adoption among providers, a new study claims.
About 86 percent of primary care physicians and specialists reported that their provider compensation was still primarily under fee-for-service or salary arrangements, representing a modest increase from 84 percent in 2014, according to a recent Deloitte Center for Health Solutions survey.
Researchers contended that healthcare organizations can spur value-based care adoption by including more performance-based financial incentives as part of provider compensation and implementing data analytics tools that allow providers to understand healthcare cost and quality performance.
“Physicians should change their behavior to make implementation of value-based care models effective,” stated Mitch Morris, principal at Deloitte Consulting LLP and healthcare...