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Study: US making little progress toward value-based care

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Of 451 physicians, 67 perfect said the U.S. has generally made little progress towards a value-based health system.
Of 451 physicians, 67 perfect said the U.S. has generally made little progress towards a value-based health system. - ()

Doctors across the U.S. say the health care industry has made little progress toward creating fee-for-value medicine, or value-based care.

That’s according to a new survey by Secaucus-based Quest Diagnostics.

Of 451 physicians, 67 percent said the U.S. generally has made little progress moving towards a value-based system. And 57 percent said they don’t have the tools to implement a fee-for-value system, such as efficient billing systems and value-based payment models from insurance companies.

That latter number is up from 45 percent in last year’s study. Additionally, only 39 percent said that they do not have access to platforms in which patients’ electronic health records can be easily shared.

Approximately 80 percent of those surveyed said they believe investments made in technology for quality initiatives have improved the value of health care for patients, including artificial intelligence and blockchain technology.

When asked "How strongly do you agree or disagree that investments made in technology for quality initiatives have improved the value of health care for patients," 80 percent of health plan executives agreed with that premise but only 68 percent of physicians.

Additionally, 62 percent of health plan executives said the country has made progress toward alignment between payers and providers, but only 41 percent of physicians agreed.

The full study can be found here.

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Vince Calio

Vince Calio


Vince Calio covers health care and manufacturing for NJBIZ. You can contact him at vcalio@njbiz.com.

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Dennis Salinas July 18, 2018 3:37 pm

Though I agree in general with the study results, there are regions in the country that are farther ahead in creating effective value-based payor/provider relationships. A more relevant study would compare states to states and even metro areas with each other. No one said this transition would be easy or quick.

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