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While CMS has embraced value-based reimbursement, the country’s health insurance companies are still far from widespread adoption, according to a new survey.
The HealthEdge Voice of the Market survey revealed (PDF) that different payers and their affiliates will reach value-based care at different times, as clear discrepancies exist among adoption rates. About half (46.4%) of the 150 executives surveyed said that between 50% and 75% of their current contracts are in value-based models, with about the same number reporting similar adoption within the next two years.
And according to survey results, health insurers and providers will need to trust and work together in order to ensure the future success of these programs. More than 50% of those surveyed said that provider and member engagement are the key barriers to success.