Only 37% of Medical Practices Receive Value-Based Care Payments, Black Book Survey Reveals

HIT Consultant February 23, 2024
Fred Pennic

What You Should Know:

– While the shift towards value-based care (VBC) is underway, a recent Black Book survey reveals that only 37% of medical practices are currently receiving payments from upside-risk arrangements and shared savings, while 12% receive payments from full risk.

– This leaves a significant portion, over 50%, still relying on traditional Fee-For-Service models.

Healthcare Providers Seek Guidance in VBC Transition

The survey also highlights the increasing demand for VBC consulting services. Two-thirds of providers venturing into VBC rely on advisors to navigate the complexities of:

Care delivery challenges: Optimizing workflows and implementing evidence-based practices.

Data analytics: Utilizing data to drive informed decision-making.

Stakeholder collaboration: Fostering partnerships among providers, payers, and patients.

Key Areas of Focus in...