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.
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.