For the survey, healthcare data analytics and policy firm DataGen commissioned Sage Growth Partners to ask 102 healthcare executives about how they view the current state of value-based care.
Five takeaways from the survey:
1. Executives of hospitals with at least 550 beds said, on average, 37.9 percent of their revenue is tied to value-based payments.
2. ACOs are the most popular value-based payment model, with 62 percent of executives saying their organization participates in one. In comparison:
- 51 percent of participants said they use Medicare episode-specific bundled payments
- 35 percent said they use patient-centered medical homes
- 29 percent said they use capitation
- 25 percent said they use commercial bundled payment agreements, and
- 11 percent said they use all-payer and other payer options
3. While use of value-based payments isn’t widespread, 62 percent of respondents said they plan to enter into or grow their value-based care initiatives in the next two years. In addition, half of the respondents said value-based care will become the primary revenue model of U.S. healthcare in the next five years.
4. Value-based payment models have improved quality significantly or moderately, 69 percent of respondents said. Twenty-nine percent said the models have only slightly improved quality.
5. Budget is the No. 1 reason organizations won’t invest in value-based care initiatives, according to the survey.
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