Change Healthcare: The State of Value-based Care in 2018: 10 Key Trends

1. Payers report success in reducing unnecessary medical costs as a result of their value-based care strategies.
2. Almost 80% of payers report improvements in care quality, while 64% report improvements in provider relationships and 73% report patient engagement improved.
3. For the first time, commercial lines, not government lines of business, are leading adoption, advancement, and innovation of value-based care models and strategies.
4. Pure fee-for-service is fading faster than predicted in past studies.
5. Innovation agility remains a problem, with only 21% of payers capable of rolling out a new episode of care program in three to six months.
6. Payers are struggling to engage providers in episode-of-care programs.
7. Exceptional medical cost savings are motivating 66% of payers to invest in administrative staff.
8. A third to half of payers find episode-of-care models very to extremely effective at improving care quality, across all types of episodes.
9. Episode models deliver savings from 5% to 5.4% on average, depending on the episode type.
10. Over half of payers are not very satisfied with their current value-based analytics, automation, and reporting capabilities.

Notes: from an article by Fred Pennic based on the report, "Finding the Value: The State of Value-Based Care in 2018," conducted by ORC International and commissioned by Change Healthcare.
Source: HIT Consultant, June 18, 2018
Source URL: https://hitconsultant.net/2018/06/18/value-based-care-trends/

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