AmericanAcademy of Family Physicians members' perceptions of value-based payment models were assessed by Louisville, Ky.-based Humana in the health insurer's 2015 Value-Based Payment Study.
Survey data was collected last June from more than 600 members of the AmericanAcademy of Family Physicians.
Here are 10 key findings from Humana's survey:
1. One-third of practices are actively pursuing VBP programs.
2. Ninety-two percent of physicians polled said practice sustainability is the most important factor for determining VBP success.
3. Ninety-one percent reported that lack of staff time was the greatest obstacle to VBP implementation.
4. Eighty percent confirmed they lack understanding when it comes to overall complexity associated with financial risk.
5. Only 28 percent of practices polled have a care manager on staff.
6. Less than half (46 percent) of physicians surveyed indicated available pay-for-performance programs in their market.
7. Sixty-nine percent said VBP "will not improve patient care."
8. Three-quarters of physicians said payer reports lack consistency regarding performance measures
9. More than half of executives surveyed confirmed positive return on investment goals from VBP programs.
10. Fifty percent of financial executives confirmed efforts to achieve risk-based value success within the next three years.
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