MHE State of the Industry survey: The shift to value-based care
In this fifth part of a six-part series, data said respondents split on the effect of the pandemic on value-based care
Some see the COVID-19 pandemic as pushing American healthcare away from fee for service and into value-based care. The message from our State of the Industry survey is mixed. Almost half (46%) indicated that the pandemic had no effect on their organization’s relationship with value-based care and 9% said it had negative effect. On the other hand, 44% indicated some level of increase, including 5% who said it greatly increased value-based care.
Downside risk, which many see as essential to putting some cost-saving teeth into value-based care, still hasn’t taken hold, judging by our respondents. Two-thirds indicated that less than 25% of their value-based arrangements involved downside risk, and only 5% indicated that more than 50% of their value-based contracts involved downside risk."
We conducted our annual State of the Industry survey in the early part of November 2023. The survey had 432 respondents, of whom 56% self-reported working for a payer organization (pharmacy benefit manager, insurer or self-insured employer), 34% for a provider organization and the remainder for government or an unspecified “other” category.
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Doug Chaet of Value Evolutions Discusses Value-based Payment Models, Where They Stand and More
September 29th 2022In this episode of Tuning In to the C-Suite, Managing Editor of Managed Healthcare Executive, Peter Wehrwein, speaks with President of Value Evolutions and MHE Editorial Advisory Board Member, Doug Chaet, FACHE, about value-based care's current standing, the status of select payment models like bundled and episodic, and more.
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