Here are four takeaways:
1. The report found merely 3 percent of providers do not believe their organization is highly prepared to move to a value-based payment system.
2. Despite most organizations having a formal process in place to determine healthcare costs, only 39 percent of those organizations regularly review the costs to make sure the information is up-to-date.
3. Respondents listed concerns about inconsistent definitions of which services Medicare will include in a bundled episode of care.
4. HIMSS is imploring Medicare to take into account the survey’s results before implementing the value-based payment system that could result in hefty financial penalties.
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