Progress slow in adopting population health finance models, survey finds

Healthcare executives agree that adoption of population health finance models is important but many have not achieved the progress they predicted in this area, according to a recent Numerof & Associates study.

The study — conducted in partnership with David Nash, MD, dean of the Jefferson College of Population Health in Philadelphia — is based on a survey of more than 500 C-suite healthcare executives.

Five findings:

1. Nearly all respondents (94 percent) consider population health moderately to critically important to their future success.

2. However,  agreement about the importance of population health contrasts with respondents' readiness to operationalize it. In 2016, forty-five percent of respondents predicted they would be "very prepared" to take on risk in 2018, but only 21 percent in the current survey said they had  met that expectation last year.

3. Ninety-nine percent of respondents project their organization will have some revenue in upside gain/downside risk models in two years.

4. While respondents expect to see continued movement toward risk-based contracts, the majority did not reach their 2016 prediction of having nearly one-third of revenue in risk-based contracts by 2018.

5. Respondents said the biggest barrier to pursuing population health is the potential threat of financial losses by moving to a new model.

Access the full study here.

 

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