Healthcare organizations are more confident about value-based care contracts and their potential effects on finances than they were in 2016, according to a KPMG poll.
The poll, conducted during a June 5 webcast, asked 221 healthcare finance professionals about the risk their organizations see from the shift to value-based contracts. KPMG then compared the results to KPMG's 2016 survey of 142 healthcare professionals.
Here are four survey findings:
1. Nearly half of healthcare organizations (46 percent) expect higher operating profits from value-based contracts, compared with 23 percent in 2016.
2. Thirty-four percent of healthcare organizations expect value-based contracts to be neutral to operating results. That's up from 25 percent two years ago.
3. Twenty percent of healthcare organizations expect reduced operating profits from value-based contracts, compared with 52 percent in 2016.
4. Overall, fee-for-service still remains the primary reimbursement method for healthcare organizations. Only 10 percent of healthcare organizations said greater than 50 percent of their contracts include value-based payment models. Additionally, 23 percent said none of their contracts include such models.
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