Value-Based Payment Models Expected to Reach Tipping Point by 2018

JACKSONVILLE, Fla.

— 82% of health plans responding to a recent survey consider payment reform a ‘major priority.’ Nearly 60% forecast that more than half of their business will be supported by value-based payment models in the next five years. And, of those, 60% are at least mid-way through implementation. That is according to a study published today by Availity, one of the nation’s leading health information networks.

The Health Plan Readiness to Operationalize New Payment Models study delves into the progress of the country’s commercial health plans, as they migrate from fee-for-service to value-based models of compensating physicians. Importantly, the study highlights the consensus among plans that information sharing with physicians must be automated — primarily in real-time – for these models to achieve success.

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Source: HeraldOnline.com

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