Valuations of healthcare providers continue to get trickier as the reimbursement landscape changes. Reimbursements are the payments insurers make to doctors and hospitals for services rendered.
Balance will tip: Payers and hospitals expect that, within five years, new value-based payment models will eclipse the traditional fee-for-service model, a new survey reveals. They anticipate that two-thirds of payments will be based on complex reimbursement models with value measures by 2020, according to a new study commissioned by McKesson and conducted by ORC International.
The study, the 2014 State of Value-Based Reimbursement, found that 90% of payers and 81% of hospitals currently offer a mix of fee-for-service and other reimbursement models. To get a copy of the study, click here (free registration required).
How will value-based reimbursement models impact the financial health of payers and healthcare providers? The study found 60% of payers believe making the transition to value-based care will have a positive financial impact on their organizations. At the same time, only 35% of providers believe value-based models will have a positive impact financially.
Please let us know
if you have any comments about this article or enhancements you would like to see.