Nearly half of healthcare organizations expect higher profits from value-based care: 4 findings

Healthcare organizations are more confident about value-based care contracts and their potential effects on finances than they were in 2016, according to a KPMG poll.

Advertisement

The poll, conducted during a June 5 webcast, asked 221 healthcare finance professionals about the risk their organizations see from the shift to value-based contracts. KPMG then compared the results to KPMG’s 2016 survey of 142 healthcare professionals. 

Here are four survey findings:

1. Nearly half of healthcare organizations (46 percent) expect higher operating profits from value-based contracts, compared with 23 percent in 2016.

2. Thirty-four percent of healthcare organizations expect value-based contracts to be neutral to operating results. That’s up from 25 percent two years ago.

3. Twenty percent of healthcare organizations expect reduced operating profits from value-based contracts, compared with 52 percent in 2016.

4. Overall, fee-for-service still remains the primary reimbursement method for healthcare organizations. Only 10 percent of healthcare organizations said greater than 50 percent of their contracts include value-based payment models. Additionally, 23 percent said none of their contracts include such models.

 

 

More articles on healthcare finance:

CMS boosting Medicaid audits, oversight to ‘strengthen safety net’
National coalition of big businesses to form bundled payment network
Ban on air ambulance balance billing sought in Florida

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.