Study US making little progress toward 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. Copyright 2018 BridgeTower Media. All Rights Reserved.

CREDIT: Vince Calio