Dive Brief:
- Payers and hospitals expect a dramatic decrease in fee-for-service reimbursement over the next five years, according to a new study commissioned by McKesson Health Solutions. Findings were based on 114 payers and 350 health care providers who responded to a survey.
- Currently, 90% payers and 81% of providers offer a mix of FFS and other reimbursement models, the study said. By 2020, payers and hospitals expect that two-thirds of payments will be based on complex reimbursement models with value measures.
- While 60% of payers said they anticipate that the shift to value-based care will have a positive financial impact on their organizations, only 35% of providers think so.
Dive Insight:
Another way of reporting the findings: Nearly two-thirds of hospitals think the shift from FFS to value-based care will have a negative financial impact on their organizations. Health care generally is embracing value-based reimbursement models, according to the study, but larger institutions and ACOs are farther along in handling its complexities and technology-related challenges. Where does this leave the rest of the market?