59.1% of physicians participate in alternative payments: 5 key trends

Written by Laura Dyrda | December 28, 2017 | Print  |

The American Medical Association's Benchmark Survey examined physician participation in value-based payment models. Here are five things to know from the report:

 

1. Most physicians — 83.6 percent — still receive fee-for-service payments.

2. More than half — 59.1 percent — report their practices received payment from at least one alternative payment model.

3. Pay-for-performance and bundled payments were the most common alternative payment model, with around 35 percent of physician respondents participating in them.

4. All together, pay-for-performance and capitation accounted for around 7 percent of practice revenue; bundled payments were 9 percent of practice revenue; and shared savings were on average 2 percent of practice revenue. Fee-for-service accounted for 70.8 percent of practice revenue.

5. In the 2014 benchmark survey, alternative payment models were used alongside fee for service.

© Copyright ASC COMMUNICATIONS 2018. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

To receive the latest hospital and health system business and legal news and analysis from Becker's Hospital Review, sign-up for the free Becker's Hospital Review E-weekly by clicking here.