Are more physicians participating in value-based care? 6 key notes

Deloitte published results from the 2016 Survey of US Physicians, which includes feedback on value-based payment models. 

Advertisement

The report found:

1. Financial incentives haven’t changed since 2014, as 86 percent of the physicians are still compensated under fee-for-service or salary arrangements similar to those they reported two years ago.

2. One-half of physicians report bonuses are less than or equal to 10 percent of their compensation; another one-third report being ineligible for performance bonuses.

3. Three in four physicians reported following clinical protocols but just 36 percent said they had access to comprehensive protocols for many conditions.

4. Just 20 percent of physicians said they receive data on how much care costs.

5. Thirty percent of respondents said they participate in value-based payment models, up only 5 percent from 2014. Another 16 percent said they participate in episode-based payment models and 13 percent reported bundled payments.

6. Forty percent of physicians still prefer fee-for-service as their No. 1 compensation model of choice; 38 percent preferred salary and 11 percent said shared savings.

More articles on healthcare:
7 hospitals, health systems opening or planning ASCs
Current challenges with OON patients
5 statistics on drug company caps on physician compensation

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Register to Attend Webinar

160 ambulatory leaders just ranked the EHR as the single system most overdue for AI reinvention

Tuesday, August 11
12:00 PM - 1:00 PM CDT

Presenter: Gautam Shah, MBA, FACHDM, NextGen Healthcare

Advertisement

Next Up in ASC News

Advertisement

Comments are closed.