RevCycle Intelligence March 11, 2020
These execs believe the fee-for-service mindset is too entrenched, while others are looking to increase value-based payment through ACOs and bundles, a new survey shows.
Value-based payment adoption has steadily increased, but a third of healthcare executives in a new survey do not believe the alternative payment mechanism will usurp fee-for-service.
Fee-for-service mindset and model are too entrenched for value-based payment to take off in the near future., the C-suite executives from hospitals, health systems, and physician groups said in the survey conducted by Sage Growth Partners for DataGen.
Other reasons why value-based payment is unlikely to replace fee-for-service included:
- Clinical staff resistance to value-based payment
- Low incentives
- Lack of resources and knowledge to assume risk
- Volatility of...