RevCycle Intelligence May 12, 2017
With 73 percent of surveyed providers favoring fee-for-service, researchers advised leaders to boost provider engagement for robust value-based reimbursement adoption.
Nearly three-quarters (73 percent) of providers prefer a fee-for-service model over value-based reimbursement structures even though almost one-half acknowledged that the traditional payment model contributed to higher healthcare costs, a recent Bain & Company survey showed.
The survey of 980 physicians and 200 healthcare finance and procurement officers showed that providers are not convinced that value-based reimbursement models will improve care quality enough to offset declining healthcare costs.
As a result, about 65 percent of physicians anticipated high-quality care to be significantly more difficult to deliver in the next two years. Physicians cited complex healthcare regulations, additional administration burdens,...
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