It goes without saying that value-based care is growing in the United States. An analysis of the model from Definitive Healthcare, found that 48 states now have value-based care programs—up from just three in 2011.
While the value-based care model is growing, there are still several major barriers when moving to such a system. In a recent survey polling 1,090 healthcare leaders across various sectors, respondents identified five main challenges to shifting to a value-based model.
Here are the five barriers from least to most critical:
5. Difficulty collecting and reporting patient information
Approximately 14.8% of respondents reported that having trouble accessing patient information was a challenge that providers face when transitioning to a value-based care model.
Since value-based care is centered around practitioner coordination, easy access to patient records and data is critical for successful wraparound care. Inaccessible patient information creates a huge barrier to coordinated care, and makes providing effective preventative care nearly impossible.
While almost 15% of those surveyed found this to be a critical issue, the adoption of more efficient ways to share patient data—such as online platforms—being implemented by many healthcare systems and practices push this problem to the bottom of the list for most of those surveyed.
4. Shifting policies and regulations
Continuously evolving value-based incentive programs continue to be a big barrier for 16.2% of survey respondents. Since the introduction of incentives from the Centers from Medicare and Medicaid Services weren’t mainstream until 2012, regulations and policies have been constantly introduced and modified.
These changing regulations have made the shift from a fee-for-service model a challenge, as healthcare practitioners struggle to navigate the shifting value-based incentive programs.