More Than 60% of Providers See Opportunity in Bundled Payments

Share on Facebook

More than 60 percent of healthcare providers believe bundled payments could improve the quality and reduce the costs of care provided to patients, according to a new poll from KPMG.

KPMG polled 190 healthcare providers in a webcast on Oct. 4. Most respondents were hospitals, health systems and large-scale physician groups.

Thirty-eight percent of respondents said they are "already working with bundled payments," while 24 percent said they are planning to do so. Thirty-six percent remain undecided on bundled payment developments, and only 2 percent said that had no intention to offer bundled payment plans.

"Based on our study, providers are generating anywhere between 15 to 60 percent or more of their revenues from risk-based methods, such as bundling," Marc Berg, KPMG's head of strategy and transformation for healthcare and life sciences, said in the release. "This is much more than even one year ago. We expect those numbers to grow further as providers see how bundling can strengthen relations with physician groups and take steps toward becoming preferred partners with the payer community."

More Articles on Bundled Payments:

What do Hospitals, Physicians Think of Bundled Payments? 37 Statistics
Where Commercial and Employer Bundled Payments Stand in Healthcare Right Now
4 Steps Hospitals Can Take to Pilot Bundled Payments

© Copyright ASC COMMUNICATIONS 2014. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

New From Becker's Hospital CFO

Health system CEO explains how the fee-for-service model is broken: 6 takeaways

Read Now