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Staffing and technology are the top investment areas for primary care practice leaders as they manage the challenges of shifting from fee-for-service (FFS) models to value-based care, according to a report from Humana and the Medical Group Management Association (MGMA).
The report builds on a 2019 study from Humana and MGMA that identified the structural changes needed for primary care practices to successfully transition to value-based care. The recent data includes responses from 104 primary care practice leaders and expands on how the COVID-19 pandemic impacted their value-based care journeys.
Between 2019 and 2022, the share of total revenue that medical groups received from value-based arrangements remained relatively stable. For example, the percentage of practices with 5 percent to 30 percent of revenue tied to value-based arrangements was 59 percent in 2019 and 57 percent in 2022.